Short bets in China stock market hit record amid concerns over policy tightening, antitrust crackdown on tech
Short bets in China stock market hit record amid concerns over policy tightening, antitrust crackdown on tech

Short bets in China stock market hit record amid concerns over policy tightening, antitrust crackdown on tech

 

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Short bets in China's A-share market hit a new record high, reflecting demand for hedging against the risks of policy tightening and further fallout from the antitrust crackdown on technology firms.

The value of shares that investors have borrowed to sell short reached 151.9 billion yuan ($23.4 billion) on Wednesday, according to data from the China Securities Finance Corporation (CSF), a financial institution cofounded by the Shanghai Stock Exchange and Shenzhen Stock Exchange.

The figure was 152 billion yuan on Tuesday, the highest since local brokerages were allowed to officially start . . .

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