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Two Chinese securities firms fined 2.35 million yuan on September 24

  • Two Chinese securities firms received regulatory penalties on September 24.
  • The combined fines totaled 2.35 million yuan, approximately $350,000.
  • The penalties concerned account real-name registration and other issues.

Two Chinese securities firms received regulatory penalties on September 24 for inadequate implementation of the account real-name registration system and other issues. The combined fines totaled 2.35 million yuan, approximately $350,000, and both firms were also suspended from opening new operations.

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