Shenzhen authorities tighten rules on trading of Hong Kong shares: report

HONG KONG (AFX-ASIA) - The securities regulatory authorities in Shenzhen have issued an order to prohibit brokerages there to buy Hong Kong stocks or open accounts for their local clients to trade, the Hong Kong Economic Times said.	    The report cited a document issued by the Shenzhen authorities as saying recent capital outflows from China to Hong Kong have affected the equity markets in Shenzhen.	    The report said the authorities have begun investigations into possible trading irregularities.	    The report said the order was issued as it was suspected that a large amount of Chinese funds have flowed into Hong Kong's red chip and H share sectors. 

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