One of China’s leading social media platforms said it took down a number of accounts over the past week for spreading fake investment rumours in the latest example of Chinese Internet companies self-censoring their content amid an ongoing government clean up of cyberspace.
Sina, the owner of the Twitter-style microblog Weibo, said that “according to the relevant laws and regulations”, it suspended or shut down 37 accounts which published “misleading investment information” or were involved in “securities frauds”.
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