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14 more brokerages OK'd for margin trading

14 more brokerages OK'd for margin trading

Write: Moyna [2011-05-20]

The China Securities Regulatory Commission (CSRC) on Wednesday approved 14 more brokerages to participate in a pilot margin-trading and short-selling business, adding up to a total of 25, Securities Daily reported Thursday.

Although the third batch of companies was approved for the pilot program, the 14 brokerages still must pass all reviews by Shanghai and Shenzhen stock exchanges.

14 more brokerages OK'd for margin tradingProperty measures inspection launched>