Why didn't Qingdao Huihai resume trading?
Seriously violated a series of laws and regulations. Official website, a court in Huangdao District, showed that Qingdao Huihai Bulk used spot agricultural products as the subject matter of transactions, and adopted a series of laws and regulations such as standardized contracts, centralized transactions and no physical delivery, which seriously violated the futures management regulations. After the trial, the Huangdao District Court held that Qingdao Huihai actually traded futures in the name of spot, ruled that the transaction was invalid and returned the investment principal.