China margin finance crackdown linked to equity option launch
China Securities Regulatory Commission looks for stock market stability ahead of the country's first equity option launch, on the back of a six-month meteoric market rise
Last week's crackdown by China's regulator on securities brokers for breaching margin-trading rules was partly intended to cool the stock markets ahead of the forthcoming launch of equity options, say market participants.
On February 9, the Shanghai Stock Exchange (SSE) is slated to launch China's first equity option product, linked to the SSE 50 exchange-traded fund (ETF). Single stock and equity
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