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China launches new probe into margin trading

Stock regulator's move comes amid concerns that the country's share markets are becoming over-leveraged and vulnerable to a crash which could strain the banking system

Published Thu, Jan 29, 2015 · 09:50 PM
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Shanghai

CHINA'S stock regulator has launched a fresh probe into brokerages which are lending money to investors to speculate on stocks, amid concerns that the country's share markets are becoming over-leveraged and vulnerable to a crash which could strain the banking system.

The regulator will inspect the stock margin trading business of 46 companies, the official Xinhua news agency said.

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