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Everbright Securities Co Ltd Announces Regulatory Measures

Monday, 19 Aug 2013 08:00pm EDT 

Everbright Securities Co Ltd announced that China Financial Futures Exchange has taken regulatory measures to impose restrictions on the Company, limiting its ability to establish fresh stock index futures. The Company also announced that its financial market department has made a mistake on a trade for government bonds with a face value of RMB 10 million, by inputting a yield of 4.20%, 25 basis points higher than the yield on the same bond at the last working day. The Company is negotiating with the counterparty.