China announced more short-selling curbs, pledged tighter scrutiny of programme trading

China Securities Regulatory Commission (CSRC) announced on Wednesday a number of measures.

More curbs on short-selling

• securities re-lending – in which brokers borrow shares for clients to short sell – would be suspended from today, Thursday, 11 July 2024
• margin requirements would be raised for short-sellers, from 80% to 100%

Urged stock exchanges to publish detailed rules to regulate programme trading, especially high-frequency trading.

This article was written by Eamonn Sheridan at www.forexlive.com.