Tuesday September 17 2013

News Source: Global Disclosures

Focus: Short Selling

Type: General

Country: China




The China Securities Finance Corporation Ltd. has named 19 new brokerages that will be allowed to participate in the China margin trading and China short selling pilot programme from 18th September, bringing the total number of brokerage participants to 30 from the original 11.

These brokerages will be allowed to carry out margin trading and short selling transactions in 287 stocks, comprising 64.3 percent of the Chinese A-share market`s capitalisation, up from the current 87 stocks available.

Click on the above link for the press release (in Chinese).