01 Jan 2019
China’s internet regulator said on Friday the recently published rules governing financial information providers are aimed at firms supplying information to an institutional audience and to specific investors, rather than the general public.
Financial information services are different from internet news and information services, the Cyberspace Administration of China (CAC) said in a statement on its website.
The CAC issued on Wednesday new regulations for domestic financial information providers, in an apparent crackdown on online content deemed detrimental to the country’s financial stability as the economy slows.
– By Ryan Woo, Reuters, 28 December 2018
Link to Reuters.
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