HONG KONG: First Report due Today for Hong Kong Short Selling Position Reporting

Tuesday June 26 2012

The first report for those market participants who are required to report short positions to the Securities and Futures Commission (SFC) under the Securities and Futures (Short Position Reporting) Rules is due today (Tuesday 26 June, 2012).

Short position reporting will now enable the Exchange to monitor more closely Hong Kong short selling activities. It will give more visibility of Hong Kong short selling activities overall, helping to detect unusual or abnormal trading pattern and thereby allow a better determination of how to respond as the securities market regulator.

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