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Golden Sun Securities expel ChiNext-listed stocks from margin trade

BEIJING
2015-06-04 15:08

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Golden Sun Securities announced on Thursday that it had decided to expel all ChiNext-listed stocks from its underlying stocks pool for margin trade and short selling business from Thursday. The decision was made after the stocks listed on the ChiNext board, or China's Nasdaq-like stocks, posted remarkable rises in 2015 and their P/E ratios went up too high, said the broker.

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