Yesterday FinanceAsia reported the China Securities Regulatory Commission has opened an investigation into Hundsun Technologies, apparently over suspicions the company’s trading platform amplified China’s stock market crash.
Hundsun is far more than a purveyor of electronic equities trading systems. It is at the heart of Chinese finance, described by analyst Paul Schulte as “the mother of all information lodes”.
In his forthcoming book, The Next Revolution In Our Credit-Driven Economy reviewed in the July print edition of our sibling brand, AsianInvestor, Schulte wrote, “Imagine a company that is like IBM and Cisco and that has built the infrastructure for Pimco, Fidelity, JP Morgan,...
¬ Haymarket Media Limited. All rights reserved.
