久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Markets

Fee cut and margin trading relaxed to save the market

By Dai Tian (chinadaily.com.cn) Updated: 2015-07-02 11:06

Fee cut and margin trading relaxed to save the market

An investor is checking prices of shares at a stock brokerage house in Nanjing city, East China's Jiangsu province, June 29, 2015.[Photo/IC]

China Securities Regulatory Commission (CSRC) announced a string of supportive policies, including a 30-percent transaction fee cut and relaxation on margin trading rules, as fears grow for a market plunge.

The amended rules on margin trading, whose draft were scheduled to be on public consultation till July 11, were released on Wednesday evening "in haste for special circumstances", said the securities watchdog on its official microblog weibo.

Market volatility has increased over the past two weeks as investors diverge on whether A-share's year-long bull was peaked.

The benchmark Shanghai Composite Index sank 5.2 percent to close at 4,053.7 on Wednesday, following its biggest swing since 1992 of 432 points.

Additional guaranty through discussion

Brokerages and margin investors can decide through discussion on when and how much percentage of additional guaranty should be put instead of compulsory sell-off, according to the amendment.

The previous rule stipulated that investors should make additional guaranty in two trading days if the ratio of capital they borrowed from brokerages reaches the 130 percent of warning level.

Brokerages will be able to extend contracts with their clients as long as the maximum term is under 6 months, the amendment said.

In addition, individual investors who have a margin trading account with securities asset below 500,000 yuan ($82,000) are allowed to continue their margin trades.

Xiao Gang, chairman of the CSRC, signed off the revised rules on Wednesday, which are effective immediately.

Brokerages allowed to issue bonds

The securities watchdog on Wednesday also announced allowing brokerages to issue bonds and explore securitization of margin trading business to widen their funding channels.

All brokerages are now allowed to issue short-term corporate bonds via stock exchanges and private equity trading systems between institutions, as previous trial among 20 brokerages proved a success, said Zhang Xiaojun, spokesman of the CSRC, in a separate announcement.

Brokerages and subsidiaries of fund management companies are also allowed to explore securitization of the right derived from their margin trading businesses, according to the announcement.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美成人性生活视频 | 一区精品视频 | 男人操美女 | 狠狠澡夜夜澡人人爽 | 9久9久热精品视频在线观看 | 美女毛片大全 | 九九九热在线精品免费全部 | 国产精品漂亮美女在线观看 | 欧美xxxx4khd超高清 | 一本久道久久综合婷婷 | 91亚洲成人| 免费观看的毛片手机视频 | 久久毛片视频 | 男人的天堂在线 | 久久精品一区 | 中文国产成人精品久久一 | 久久狠狠色狠狠色综合 | 草草影院ccyycom | 国产午夜精品理论片小yo奈 | 欧美韩国xxx | 国产激情久久久久久影院 | 99精品久久久久久久 | 久久久久免费观看 | 成人欧美视频在线观看 | 国内自拍一区 | 国产精品欧美亚洲韩国日本 | 欧美片能看的一级毛片 | 午夜两性视频免费看 | 久久国产视频网站 | 国产亚洲福利精品一区二区 | 亚洲欧美高清 | 国产亚洲精品久久麻豆 | 玖玖精品在线观看 | 日本一级高清片免费 | 我们2018在线完整免费观看 | 欧美人成一本免费观看视频 | 久久精品国产亚洲网站 | 欧美日韩国产58香蕉在线视频 | 加勒比色久综合在线 | 中文字幕在线精品 | 久久久久久免费视频 |