China’s Citic Securities Halts Short Sales Amid Persistent Stock Declines

China’s largest brokerage has reportedly imposed restrictions on short-selling for certain clients amidst substantial losses in the domestic stock markets, according to sources cited by Bloomberg.  State-owned asset manager, Citic Securities Co Ltd, also halted lending stocks to individual investors and raised requirements for institutional clients earlier this week in response to regulatory directives. The … Continue reading China’s Citic Securities Halts Short Sales Amid Persistent Stock Declines