In the wake of the Chinese stock market’s dramatic fall early this month, police and securities regulators announced they had launched an investigation into “malicious short selling” in the equity futures market.
The announcement was part of a raft of measures intended to stabilise the market after it fell 30 per cent from its peak in mid-June, but it also raised the question: what makes short selling “malicious”?
The lurid terminology, coupled with a lack of detail on what behaviour is being targeted, has led critics to suspect that the investigation is an extralegal attempt to intimidate would-be sellers. But lawyers say that bearish bets can
您已閱讀14%（650字），剩余86%（3903字）包含更多重要信息，訂閱以繼續(xù)探索完整內(nèi)容，并享受更多專屬服務(wù)。