Reuters: China stock exchanges step up crackdown on short-selling

China stepped up a crackdown on short-selling of shares on Tuesday, unveiling rules that make it harder for speculators to profit from hourly price changes, as some of the nation’s major brokerages suspended their short-selling businesses.

China’s stock exchanges and market watchdogs are cracking down on short-selling as part of a government-run effort to prevent a collapse in the country’s markets, which have lost almost 30 percent of their value since peaking in June.

The sell-off, which followed a dizzying rally, has shattered investor confidence in Chinese stocks and shaken the faith of some foreign investors in the ability of the ruling Communist Party to maintain stability of the financial system.

The full article is available here: http://www.reuters.com/article/2015/08/04/us-china-markets-shorting-idUSKCN0Q909E20150804

Related Posts

Previous Post
Utilities in securities finance: taking an old dog for a new walk (Premium Content)
Next Post
From Wired Magazine: “Overstock CEO Uses Bitcoin Tech to Spill Wall Street Secret”. The secret is sec lending.

Related Posts

Fill out this field
Fill out this field
Please enter a valid email address.

Menu
X

Reset Password

Create an Account