China relaxes margin trading requirements

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From Forexlive:

More from Xinhua, via Reuters:

  • China securities regulator relaxes rules on margin trading
  • China securities regulator amends rules including margin trading asset threshold for individual investors
  • China’s securities regulator to allow stock brokerages to issue bonds to widen funding channels

(note …. news from the China Securities Regulatory Commission announced at around 10:40 p.m. Beijing time last night)

Dang, they really want this bubble!

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.