China is going it alone. Even while countries including the UK, Australia, Germany and Japan have permanently or temporarily banned short selling, the PRC's securities regulator has published new provisions which will allow securities companies to engage in margin financing and stock lending.
Marginal progress
Worldwide, regulators are restricting margin trading and short selling. But China is about to allow securities companies to engage in these types of business for the first time. The new scheme will be tightly controlled and small in scale. By Phil Taylor.
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