In an effort to stabilize the country’s stock markets amidst recent sharp declines, China’s securities regulator, the China Securities Regulatory Commission (CSRC), announced on Sunday a complete suspension of restricted share lending starting from Monday. This move is part of policymakers’ ongoing initiatives to address the volatility in the stock markets. Additionally, the CSRC outlined plans to restrict the efficiency of certain securities lending in the securities refinancing market, with implementation scheduled from March 18, as detailed in a statement published on its official WeChat account.
Moreover, both the Shanghai and Shenzhen stock exchanges declared the suspension of securities lending by strategic investors during lockup periods, effective January 29. These measures are aimed at curbing potential risks and ensuring a more stable environment in the Chinese stock markets.
