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First-ever margin trading and securities lending deals by QFII investors completed in China
The first-ever margin trading and securities lending deals by qualified foreign institutional investors (QFII) in the Chinese mainland stock market have been completed, several brokerage firms said on Tuesday. On December 28, CITIC Securities, Guotai Junan Securities, and Huatai Securities announced that they have successfully opened the first batch of margin trading and securities lending accounts for QFII or RMB Qualified Foreign Institutional Investors (RQFII) customers in the A-share market. On December 29, UBS AG completed multiple securities lending transactions through the QFII account on the first day of ... (full story)