SH Stock Exchange confirms problem in Everbright Securities operation
沪指盘中诡异暴涨 光大证券承认系统出错

Chinese shares have ended Friday weaker, after a roller-coaster day of trading. Prices had a surprise surge in the morning that was likely rooted in a brokerage trading system error that were later erased in the afternoon.

The Shanghai Stock Exchange confirmed in the afternoon that the Everbright Securities Company’s department of investment strategy encountered a problem in its arbitrage system. The statement was issued after a surprising surge in Friday morning’s session led by financial sector and oil giants.