China reportedly to expand stock selling restrictions to insurers as well

[forex4you]

China reportedly to expand stock selling restrictions to insurers as well

The ban on stock selling initially only applied to major mutual funds but the sources cited in the report say that it is now being expanded to some insurers as well. From last week: China's largest brokerage has placed restrictions on short sales

All of this is a plaster on the wall in order to try and stop the dam i.e. stock market from falling apart. Let's see how long they can keep this up.

                This article was written by Justin Low at www.forexlive.com.

Source: China reportedly to expand stock selling restrictions to insurers as well

forexlive.com