China clamps down on traders to stem stock meltdown, risking investor confidence
• Beijing cracks down on short selling and quant trading to shore up plunging stock markets
• Such moves likely to dent investor appetite and transparency, frustrating traders
• Heavy-handed oversight already making investors jittery about putting money into China
• China needs to boost confidence and reform fundamentals, not just stem immediate losses
• Hang Seng Index down 16.6% over past year despite government efforts to woo back investors