Hong Kong's financial regulator yesterday unveiled a new regime for disclosure on short selling, in an aggressive move to boost market transparency that is likely to influence reforms in other financial centres. The Securities and Futures Commission plans to force equity market participants to submit weekly reports detailing any short positions over certain thresholds. These “trigger levels” are set much lower than those found in New York or London. “A build-up of large short positions may be potentially disruptive to market stability,” said Martin Wheatley, SFC chief executive.
香港金融監管機構昨日公佈了針對賣空活動的新申報制度，這一旨在提高市場透明度的激進舉措，可能對其它金融中心的改革產生影響。香港證監會(SFC)擬迫令股市參與者遞交每週報告，列明超過某些界線的任何淡倉（即空頭頭寸）。這些「觸發界線」遠低於紐約或倫敦設定的水準。「大額淡倉可能會影響市場的穩定性，」證監會行政總裁韋奕禮(Martin Wheatley)表示。