China tightens securities lending rules

China will halt the lending of certain shares for short selling from Monday, the securities regulator announced on Sunday, in a move to support the country's slumping stock markets.Strategic investors won't be allowed to lend out shares during agreed lock-up periods, Shanghai and Shenzhen stock exchanges said following the China Securities Regulatory Commission's (CSRC) statement

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.