China Regulators Crack Down on Short Selling and Stock Selling Restrictions

China's securities regulator has announced the suspension of restricted share lending from Monday in an effort to stabilize the country's stock markets, following recent sharp falls. The move aims to reduce the efficiency of securities lending, restrict advantages of institutions in the use of information and tools, and crack down on illegal activities using securities lending to reduce holdings and cash out. This comes as Chinese stocks have retreated again, reflecting deep investor pessimism over the market outlook and the shaky economy, prompting the need for more support measures to revive consumer and business confidence.