Stock-Connect gets short selling 03 March 2015Hong Kong Reporter: Mark Dugdale
Image: Shutterstock
Short selling of certain Shanghai-listed A shares is now permitted through the Shanghai-Hong Kong Stock Connect programme.
Some 414 securities could be sold short through Stock Connect from 2 March, including Industrial and Commercial Bank of China, KPC Pharmaceuticals and state media website People.cn.
Naked short selling is prohibited for northbound trading under Stock Connect’s rules.
Stock Connect, Hong Kong Exchanges and Clearing’s mutual market access programme with the Shanghai Stock Exchange, launched in November last year.
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