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Thursday, May 2, 2024

Bangkok Post – China restricts lending of securities for short selling

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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…

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