
In a significant regulatory shift, the China Securities Regulatory Commission (CSRC) has implemented stringent measures aimed at stabilizing the Chinese stock market. These measures include prohibiting major institutional investors from selling equity holdings during the opening and closing 30 minutes of the trading day, where over 80% of shares trade hands, and banning short sales by certain accounts. Additionally, new quant funds, including one with assets under management worth tens of billions of yuan, are now required to disclose their investment strategies to regulators prior to commencing trading. This move, described as the government's most forceful attempt yet, seeks to support the nation's struggling $8.6 trillion stock market by reducing volatility and speculative trading. Critics, however, view these actions as a sign of desperation and a potential deterrent to foreign investment in China.
China bans firms from selling at market open and market close. This is not concerning at all, BRICS winning! https://t.co/QtW8ql4Su2
👀👀"China has banned major institutional investors from reducing equity holdings at the open and close of each trading day, part of the government’s most forceful attempt yet to prop up the nation’s $8.6 trillion stock market." https://t.co/Aum2AOtbFe
China has banned major institutional investors from reducing equity holdings at the open and close of each trading day, sources say https://t.co/C2hyr8Il4D via @markets


