Chinese brokers restrict cross-border swaps as stocks plunge

Feb 12, 2024 | Uncategorized

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.

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