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[V观] CSRC chief: Circuit breaker won’t be launched in next few years

Chairman of China Securities Regulator Commission, Liu Shiyu, said circuit breaker mechanism failed due to lack of acknowledgement of structure of investors where small individual investors are main players. He said it won’t be launched in the next few years as structure of investors won’t change fundamentally. China introduced the mechanism this year as the share market fluctuated worrying investors and officials.

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