Circuit breaker comes under flak
Analysts say current regulations are too conservative, and call for increased flexibility with higher threshold
The stock market fallout on Thursday has sparked criticism about the newly introduced circuit breaker mechanism with some investors and analysts calling for further improvements.
Fund managers are urging the capital market regulator to revise the circuit breaker rules which they feel are too conservative and could aggravate the liquidity crisis in the market, according to Chinese media report.
Photo