"China's Brokerage Imposes Short Sale Restrictions Amid Stock Rout and Investor Confidence Decline"

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Source: Bloomberg
"China's Brokerage Imposes Short Sale Restrictions Amid Stock Rout and Investor Confidence Decline"
Photo: Bloomberg
TL;DR Summary

China's largest brokerage, Citic Securities, has suspended short selling for some clients in mainland markets and stopped lending stocks to individual investors amid a deepening stock market rout. The brokerage also raised requirements for institutional clients after receiving guidance from regulators.

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