Chinese watchdogs have reportedly banned brokerages firms from hiring influencers and arranging live streaming campaigns to attract new customers. According to a report published by Bloomberg, the China Securities Regulatory Commission notified companies that they wouldn’t be able to use these methods to acquire new customers. The regulator argued that brokerages should maintain a level of professionality and objectivity when offering their financial products, avoiding using ‘sensational wording’ or ‘quirky outfits’ – something that it’s used through influencers in social media, according to the watchdog. In fact, the government had deployed a massive campaign to keep a ‘healthy’ environment for...