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Unofficial Newspapers Silenced: Authorities in Shanghai have closed four publications distributing stock market news because they were not officially approved and were exploiting public enthusiasm for stock information, the official People’s Daily said Friday. The publications that were closed were the Shanghai Stock Market News, Shanghai Market Express, Shanghai Market Express News and Weekly Finance. More than 100,000 copies of the four were seized, authorities said. The papers had published more than 2.09 million copies over the last six months. The official Shanghai Securities News, published by the Xinhua news agency and the city’s securities exchange, is among the most popular newspapers in the city.
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