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China announced more short-selling curbs, pledged tighter scrutiny of programme trading

2024-12-30FOREXLIVEFOREXLIVE
Scapegoats sought

China Securities Regulatory Commission (CSRC) announced on Wednesday a number of measures.

More curbs on short-selling

  • securities re-lending - in which brokers borrow shares for clients to short sell - would be suspended from today, Thursday, 11 July 2024
  • margin requirements would be raised for short-sellers, from 80% to 100%

Urged stock exchanges to publish detailed rules to regulate programme trading, especially high-frequency trading.

Shanghai stock exchange 29 January 2024

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