Extra China tightens quick promoting restrictions – bans lending of restricted shares

Earlier submit on quick promoting restrictions introduced over the weekend:

• Weekend China news – reports of further short selling restrictions to be imposed in March

Including this now from China Securities Regulatory Fee (CSRC), saying a ban on the lending of restricted shares

• efficient from right this moment, Monday 29 January 2024

—

Restricted shares are sometimes supplied to firm staff or buyers with sure limits on their sale.

Restricted shares will be lent to others for buying and selling functions, comparable to short-selling.

—

China staged a rebound final week:

This text was written by Eamonn Sheridan at www.forexlive.com.