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皇冠体育app to launch stock circuit breaker on Jan 1

(Xinhua) Updated: 2015-12-04 17:32

皇冠体育app to launch stock circuit breaker on Jan 1

A stock indicator shows the benchmark Shanghai Composite Index on Dec 4, 2015. [Photo by Wang Biao/Asianewsphoto]

BEIJING - 皇冠体育app's stock market will launch a circuit breaker mechanism on Jan 1 to curb wild swings in the stock market.

With approval from the 皇冠体育app Securities Regulatory Commission, the Shanghai and Shenzhen stock exchanges and 皇冠体育app Financial Futures Exchange issued regulations on the mechanism on Friday, according to the Shanghai Stock Exchange.

From Sept 7 to Sept 21, the three bourses collected public opinion on the mechanism, which would suspend trading temporarily in response to substantial rises or drops.

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