China has tightened the rules in the stock market

Chinese authorities
We decided to tighten the rules
sales without coverage on the stock exchanges,
to stabilize the stock market
countries. Under the new rules, the investor
It will no longer be for one
trading day to take stock and to open
short position, the agency
"Xinhua", referring to the joint
Statement of the Shanghai and Shenzhen
stock exchanges. investors forced
will wait for the next trading day,
to pay for the shares, which they took.

Sale without
coverage - is an investor selling
securities, which it does not have to
available, to try to reduce their
price. It turns out that the investor will "take"
the stock broker at the time, sells
them and then re-buys in the market to
to repay a debt. According to the representative
Shanghai Stock Exchange, typically T + 1
introduced in order to avoid
market volatility, which caused
speculative selling during the selling
day.

New rules
along with the freezing of some shopping
Accounts and monitoring software
trade became another intervention
authorities in the market for its stabilization.