PUBLISHED : 28 Jan 2024 at 17:18
HONG KONG – China will halt the lending of certain shares for short selling from Monday the securities regulator announced Sunday, in a move to support the country’s slumping stock markets.
Strategic investors would not be allowed to lend out shares during agreed lock-up periods, the Shanghai Stock Exchange and Shenzhen Stock Exchange said in separate releases following the China Securities Regulatory Commission’s statement.
Authorities are taking…