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China’s Greatest Brokerage Restricts Quick Gross sales After Inventory Rout

China’s Greatest Brokerage Restricts Quick Gross sales After Inventory Rout
January 19, 2024



China’s greatest brokerage has suspended quick promoting for some shoppers in mainland markets amid a deepening rout within the country’s shares, in step with other people accustomed to the topic. State-owned Citic Securities Co. has stopped lending shares to particular person traders and raised the necessities for institutional shoppers previous this week after so-called window steerage from regulators, mentioned the folks, asking now not be recognized discussing a non-public topic.

OpenAI
Author: OpenAI

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