Bloomberg: China to Boost Lending for Brokerages' Stock Margin Trading

China will boost lending to brokerages for their margin trading business after the nation’s stock market slumped and leverage more than halved from last year’s peak.
China Securities Finance Corp., a state-backed agency that provides margin financing and liquidity, said it will resume loans of certain durations to securities firms, according to a statement posted on its website Friday. The agency will restart lending for 182-day, 91-day, 28-day, 14-day and 7-day margin trading, as well as cut borrowing costs, according to the statement.
The full Bloomberg article is available at http://www.bloomberg.com/news/articles/2016-03-18/china-loosens-lending-curbs-for-brokerages-margin-trading

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