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China Suspends Restricted Stock Lending

CHINA PRESS
MNI (BEIJING)

The China Securities Regulatory Commission (CSRC) has suspended the lending of restricted stocks as it seeks to crack down on illegal activities using securities lending to reduce holdings and cash out. The measure, which takes effect Monday, will create a fairer market order and restrict the advantage of some institutions in the use of information and tools, the CSRC notice said. (Source: Yicai)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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