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China Tightens Securities Lending Rule to Support Stock Market

China will suspend lending of certain stocks for short selling starting Monday, the securities regulator announced Sunday, in a move to support the country's sagging stock markets.

Strategic investors will not be allowed to lend shares during agreed lock-up periods, according to the Shanghai Stock Exchange and Shenzhen Stock Exchange said in separate statements following the China Securities Regulatory Commission's decision statementBloomberg Terminal.

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