EconomyGovernment
24 January 2024, 10:29 pm 1 minute
Reuters exclusively reported that China’s securities regulators have asked some hedge fund managers to restrict short selling in its stock index futures market, as authorities seek to stabilise sinking stocks.
Market Impact
The blue chip CSI300 Index (.CSI300), plunged to near five-year lows this week, prompting fresh vows by the government to steady capital markets.
Article Tags
Topics of Interest: EconomyGovernment
Type: Reuters Best
Sectors: Economy & PolicyEquitiesFinancial ServicesGovernment & Public Services
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
Credit:
1: https://www.reutersagency.com/en/reutersbest/article/china-regulators-ask-funds-to-curb-short-selling-of-stock-index-futures/
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