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WeChat to add stock-trading platform with face recognition

Remember when WeChat was just a mobile chat app? Tencent’s social baby has long since left that nest, expanding in all directions, and the latest addition to WeChat’s formidable feature set will be a securities trading platform. Perhaps even more interesting, though, is that the app will allow users to open their trading accounts by taking a photo of their […]

China wants brokers to hand over their stock-market trading records

Thomson ReutersAn investor in front of an electronic board showing stock information at a brokerage house in Hangzhou.China is asking foreign and Chinese-owned brokerages in Hong Kong and Singapore to hand over stock-trading records, sources with direct knowledge of the requests told Reuters, extending its pursuit of investors shorting Chinese stocks to overseas jurisdictions.Three sources at Chinese brokerages and two […]

China stock regulator restricts 24 trading accounts for suspected …

Thomson ReutersAn investor stands in front of an electronic board showing stock information at a brokerage house in FuyangSHANGHAI (Reuters) – China’s securities regulator said on Friday that it had restricted 24 stock trading accounts for suspected trading irregularities.The accounts had been found to have abnormal bids for shares or bid cancellations and were thus suspected of affecting share prices […]

Chuwong case a wake-up call for transparency in stock trading – The …

The mystery gets deeper as a stockbroker is also involved in transfers. A stockbroker and her mum have told police they received separately more than Bt30 million worth of shares from Chuwong.The transaction happened four days before his death.Chuwong’s signatures in the stock-transfer transactions are a part of the police investigation into whether his death was an accident or a […]

Panic wipes £2tn off Chinese shares | Business | The Guardian

A brokerage house in Shanghai, China. Official efforts to halt the stock market slide have so far been in vain. Photograph: Aly Song/Reuters
China’s efforts this week to stem the tide of losses on its main stock market failed on Friday when the Shanghai Composite index plunged a further 5.8%, taking the drop in share values to 28% since their June […]

ATHEX: Stock market to close for at least a week | Business …

The Capital Market Commission is expected to announce in the early hours of Monday the closure of the Greek stock exchange for at least a week, as financial activity in the country grinds to a halt.Following Sunday’s decision by the Systemic Stability Council (which includes the head of the Capital Market Commission) in favor of the week-long closure of the […]

7 Best Stock Brokers for Online Trading | GOBankingRates

By Ashley Redmond, ContributorTechnological advances in financial and investment tools give investors a myriad of options, including online trading. Online trading accounts can benefit many types of investors, from the beginner who needs assistance getting an investment plan started to the knowledgeable investor who can use the online trading tools to pursue an investment strategy.GOBankingRates surveyed the best stock brokers […]

Chinese stocks are getting destroyed – Business Insider

Sam Ro

Apr. 17, 2015, 7:34 AM
9,413

@ericbeeboHong Kong futures are getting crushed.There’s a major sell-off going on in China right now.Chinese stock market futures are down by more than 5% following news that regulators are tightening the screws on traders.”The China Securities Regulatory Commission banned the margin trading businesses of brokerages from taking part in umbrella trusts, while the Securities Association […]

Zillow shares fall after weak guidance – CNBC.com

On the call, Zillow CEO Spencer Rascoff announced that the company is expecting EBITDA in the range of $80 million to $85 million for the full year 2015—Wall Street had expected that figure to be about $146.8 million, according to FactSet.”The work we are doing this year lays the foundation for an incredibly bright 2016 and 2017. However, 2015 is […]