China Securities Regulatory Commission (CSRC), the top securities regulator, has allowed reasonable trade extension for margin trade and short selling business in its revised draft administrative rules on such business, said Deng Ge, spokesman of the CSRC, on Friday.
The performance of the margin trade and short selling business is generally healthy and the risks are controllable, said Deng when introducing the revised rules at a routine press conference held after market close on Friday afternoon.
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