Investors will continue to closely monitor Chinese shares rose sharply for a second day on Friday. Strong hope that Beijing managed to stabilize the market after the launch ofpackage for general support of the market.
The Chinese securities regulator stopped the sales of Chinese stock markets, prohibit shareholders with large stakes to sell over the next six months.The Shanghai Stock Exchange (SSE) has revised the existing “SSE Detailed Rules for Implementation of Margin Trading and Securities Lending” (the “Rules” for short) in a bid to cement risk management on the business of margin trading and securities lending, propel steady growth of the business and protect investors’ legitimate rights and interests.
Physical demand for gold in Asia remained weak last week. Potential investors in China again turned to transactions in shares after serious sales. Apart from this, there are rumors that Shanghai is preparing to launch its own competitive index over the precious metal.
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