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... stic financial market was still in its infancy, and the three committees and one supervisor responsible for financial security had not yet been established. The supervisory level’s monitoring of funds was completely blind.

Even with the existence of the China Securities Regulatory Commission, it is helpless for OTC transactions in such a small city.

Unlike later, the over-the-counter channel is usually called a gray area. As soon as the regulators make a move, they will immediately ...

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