China Stock Shorts Soar To Record High


    China Stock Shorts Soar To Record High Tyler Durden Mon, 09/21/2020 – 21:15 By Molly Dai, Singapore based macro commentator for Bloomberg With China’s equity market cooling in recent weeks, following its fastest rally in years, investors have pushed the value of Chinese stocks being shorted to uncharted levels. The balance of securities lending in domestic exchanges has jumped to a record 81.9 billion yuan ($12.1 billion), surging 8.8 billion yuan last week alone in the biggest one-week net increase ever, according to data compiled by Bloomberg dating back to late 2012. That suggests traders remain worried about further declines in Chinese shares as the benchmark Shanghai Composite Index fights to hold on to a series of support levels around the 3,300 level.


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