China futures exchange imposes limits to curb 'speculation'

BEIJING (Reuters) - China has restricted 164 investors in the stock futures market from opening accounts for a month to temper "speculation", the China Financial Futures Exchange said in a statement on Wednesday.

The curbs came as volatile Chinese shares slipped again on Wednesday after simultaneous cuts in interest rates and the reserve ratio failed to whet demand for stocks.

(Reporting by Kevin Yao and Meng Meng; Editing by Ryan Woo)

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