2024-01-28 07:19:45
China’s financial markets regulator said on Sunday it would fully suspend restricted stock lending from Monday, in the latest attempt by policymakers to stabilize the country’s stock markets following recent sharp falls. .
The China Securities Regulatory Commission (CSRC) also said it will limit the effectiveness of some securities lending in the securities refinancing market from March 18, according to a statement posted on its official WeChat account.
The Shanghai and Shenzhen stock exchanges said they would suspend securities lending by strategic investors during the lock-up periods, starting Jan. 29.
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