• 11/10/2024

Chinese brokers restrict cross-border swaps as stocks plunge

Reuters

Reuters exclusively reported that Chinese brokerages, including state-owned behemoth China International Capital Corp (CICC), have restricted the amount of cross-border swap transactions domestic investors can undertake, as authorities seek to defend the weak stock market. 

The post Chinese brokers restrict cross-border swaps as stocks plunge appeared first on Reuters News Agency.

https://www.reutersagency.com/en/reutersbest/article/chinese-brokers-restrict-cross-border-swaps-as-stocks-plunge/