Multiple Chinese securities brokerage companies announced on Tuesday that they have suspended short selling business after the Shanghai and Shenzhen bourses amended related trading rules.
These stockbrokers include Guosen Securities, Qilu Securities, Great Wall Securities, CITIC Securities and Huatai Securities. Shanghai Stock Exchange and Shenzhen Stock Exchange published on Monday night amended rules on margin trade business on Monday, in which a "T+1" trading mechanism for short selling is adopted to replace the previous "T+0" trading mechanism.
Latest comments