China will not allow short selling on their stock markets when they reopen for trade on Monday 3 February 2020
The information comes via unnamed sources cited at Reuters . saying China’s regulator (China Securities Regulatory Commission (CSRC)) had issued a verbal directive to brokerages to not permit clients selling borrowed stocks.
- It was not clear if the suspension – which was first reported on Sunday by Chinese media outlet 21st Century Business Herald – would be extended beyond Monday, one of the sources said.
Over the weekend Adam outlined various other stabilisation measures being taken in China:
On the PBOC cash injection, its not as big as it seems:
Its going to be an “interesting” welcome to the new year for financial markets in China today.