
Nvidia Earnings, China Net Selling Ban
Bloomberg Daybreak: Asia Edition
00:00
Regulating Market Behavior and Curbing Volatility in China
The chapter discusses the Chinese government's appointment of a new chairman, Wu Qing, in response to selling pressure and volatility in the market, focusing on recent events like a major hedge fund's rapid share sell-off. It delves into strategies such as banning net selling for institutional investors, forming a task force to monitor short selling, and drafting laws to support private sector development, with anticipation for policy announcements during the People's Congress meeting.
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