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المشهد العربي
Chinese brokerages cut margin trading limits
Financial brokerage firms in China have imposed strict restrictions on margin trading, including account reviews and regulations on margin financing and lending, in order to comply with regulatory authorities' instructions. Margin trading statistics in the Chinese market declined to around 2.6 trillion yuan (approximately $362 billion) by the end of July, down from over 3 trillion yuan in June. During the first half of the year, there was a 60% increase in the number of new margin trading accounts compared to the previous year, with more than 960,000 accounts opened.
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