China Approves Short Selling, Margin Lending Regulations to Bolster Market

[Retired]

Quote from stock777:

Move to China.

Big ass place aint it?

It used to be a whole lot bigger. Check out this French map from the 1830s.

 

[zdreg]

Quote from St.ignorant:

I think traders in china don't pay capital gain tax. they only pay 0.1% for transaction fee. is it true?

only? i guess you don't trade much.

 

[poyayan]

You can't trade in China... China has currency exchange restriction. However, you can trade Hong Kong China stock. There is no capital gain there and short sell is allowed.

 

[St.ignorant]

Quote from zdreg:

only? i guess you don't trade much.

Oh, I was still bothered by the proposal by some idiotic politicians. did you read this: http://www.elitetrader.com/vb/showthread.php?s=&threadid=138316

 

[gwivxvvv]

Quote from St.ignorant:

I think traders in china don't pay capital gain tax. they only pay 0.1% for transaction fee. is it true?

hi
ive been in China mainland for more then 20ys, to be honest, even for non-traders, no one is willing to pay the taxse..hehe.....

 

[gwivxvvv]

Quote from newguy05:

where do you read china is approving short selling? By china, you mean the shanghai exchange correct?

link please.

no, CHina has no plan moving forward to short selling, or the opposite one, here the trading for A share and B share is simple, buy low sell high....which i nevered touched yet....

 

[gwivxvvv]

Quote from poyayan:

You can't trade in China... China has currency exchange restriction. However, you can trade Hong Kong China stock. There is no capital gain there and short sell is allowed.

hi, have u ever heard about those "hot money " in China from foreigners??/they used those "different ways" to get in to the market in China, sometimes they bought the domestic Chinese ID cards from those people who is living in the countryside to open the A share account, and they control the money, for those farmers who offer the ID cards ve been very plsed if they got the payment maybe around 15-30USD for selling ID card. so thats how they get in, and they have various of options to put money in here, so trading in A shares for foreigners is very easy, even we have a currencies restrictions.hehe .dont worry so much about it.

 

[gwivxvvv]

hey, guys, lets comes to the topic, below is the official site of Bloomberg for the short sales policy of China, it published in SEP. 26TH.


hope it helps..........


http://www.bloomberg.com/apps/news?pid=20601087&sid=ajvJdZpdH3LQ&refer=home

 

[nkhoi]

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Quote from Ticketwatcher:

Do they trade organ futures on their prison population?
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Quote from nutmeg:

Too funny!!

only funny if it wasn't true.