Chinese language dealer raises its margin deposit ratio
Chinese language dealer Sinolink Securities has raised its margin deposit ratio for brand spanking new financing contracts to 100% from 80%
- the primary Chinese language dealer to tighten necessities through the market rally
The transfer displays concern over the sustainability of the surge, as mutual funds additionally curb new orders after large positive aspects.
Chinese language shares have added over $1 trillion in worth prior to now month, with the Shanghai Composite at a 10-year excessive and the CSI 300 up greater than 20%, although weak financial knowledge is tempering optimism.
This text was written by Aaron Cutchburt at investinglive.com.
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