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Industrial Securities suspends margin trade of 2 A stocks to control risks

BEIJING
2015-06-02 09:57

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Industrial Securities (601377.SH) announced on Monday that it had suspended margin trade of CITIC Securities (600030.SH) and Ping An of China (601318.SH) in a bid to prevent risks from excessive concentration of positions in a single stock.

It is worth attention that the broker raised the margin guarantee ratio for margin trade and short selling to five percent just one day ago.

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