A股市場

SHORT SELLING OPENS DOORS FOR CHINA

Since the Shanghai Stock Exchange was founded in 1990, Chinese investors have only been able to bet on prices going in one direction – up.

That is set to change, however, as the government in Beijing has approved long awaited reforms that will allow traders to profit from falling, as well as rising, markets.

On Friday, the China Securities Regulatory Commission said the State Council, or cabinet, had authorised a trial period for short selling and margin trading, as well as the launch of stock index futures in the domestic A-share market.

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