Could have been worse, say lawyers of Hong Kong shorting rules
A new rule announced by Hong Kong's regulators could be the first in a process of alignment with other jurisdictions.
Hong Kong's stock market regulator, the Securities and Futures Commission, conducted a survey in 2009 that has led it to change the monitoring of short selling in constituent stocks of the Hang Seng Index, H-shares index and certain other stocks, including financials.
The SFC only got 21 replies to its survey, but in an attempt to improve the picture of short selling activity, it has introduced a new rule whereby the SFC has to be informed on a weekly basis if a short position is equ…
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.