China brokerages suspend short-selling

After China's two main stock exchanges ban intraday short-selling, Citic and Huatai voluntarily suspend the practice altogether.

China brokerages suspend short-selling

Several Chinese securities houses, including Citic Securities, the country’s largest broker by assets, have voluntarily suspended short-selling of stocks after China's securities regulator moved to clamp down on the practice.

On Tuesday, Citic and Huatai Securities issued separate statements saying they would temporarily discontinue short-selling services. Huatai is the country's fourth largest broker by assets.

“In order to comply with urgent changes in stock exchange rules ... as of today we...

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