FIRST AIRED: June 3, 2016

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COMING UP:Share Opener Variant 1

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Transcript

00:00:00
nnnnn china's latest hail mary in a desperate push to say the markets regulators banning big investors from selling shares in chinese companies any shareholder with more than a five percent stake won't be allowed to cash out for at least six months beijing says anyone who breaks that rule will be punished butters china markets editor pete sweeney has more from beijing the whole point of a stock market , get out of your position , that's a that's kind of a can , situation , if they need to lock you into your position you can be locked in , on you know in the in the short term that , expedient , in the long term it doesn't really build confidence , more than thirteen hundred china listed companies have suspended trading of their shares , that's about half the market worth nearly two and a half trillion dollars in stock , upping the volatility of the millions of retail investors who make up eighty five percent of all chinese trading one expert calling the market route a stampede where a motion pushes all the players hit the panic button at the same time