China indicates short selling ceiling lift 01 November 2011Shanghai Reporter: Anna Reitman
Image: Shutterstock
China's securities regulator has announced plans to raise the ceiling for short selling individual shares to 10 per cent of a stock's total market value, according to Bloomberg. The original proposal was for five per cent.
The Commission has not said when it will allow short selling and margin trading for individual stocks though there has been recent management reshuffling in key positions.
The ceiling for margin trading has been proposed at 15 per cent from a previously planned 10 per cent.
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