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China: short selling allowed again - Media report

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Reuters is reporting that short-selling is allowed once again in China according to official China media.

    Reuters notes: "35 brokerages have resumed short-selling business after a long hiatus, official state media reported on Thursday."

    Following the news, the Shanghai Composite is trading heavy, currently losing more than 1%.
    For more information, read our latest forex news.

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