Wednesday, Sep 24, 2008
New home for short sellers?
FT: Crisis seen as possible aid to China reform
WTF.....As usual the Chinese think they're not only immune but immortal! The global financial crisis will not delay, and could even accelerate, the pace of financial reform in China, one of the country’s leading financial officials said.
His comments come amid signs that China will proceed with the introducing margin trading and short selling of shares in spite of the current turmoil. Many countries have imposed restrictions on short selling to combat market turbulence.
Posted by whostolemyendowment @ 11:34 PM (174 views) Add Comment
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