May
27

Chinese Stocks End Seven-Day Rally as Brokerages Tighten Lending

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Chinese stocks fell for the first time in eight days as brokerages tightened lending restrictions and investors speculated the government will take measures to cool the nation’s world-beating equity rally.

Changjiang Securities Co. dropped 4 percent after joining larger rivals GF Securities Co. and Haitong Securities Co. in increasing its margin requirement, the collateral put up by an investor when borrowing. Industrial & Commercial Bank of China Ltd. slid the most in a week after the Shanghai Securities News said regulators asked lenders to report their investment in stocks. Shanghai Golden Bridge InfoTech Co. jumped 44 percent in its debut as nine companies began trading for the first time…

Chinese Stocks End Seven-Day Rally as Brokerages Tighten Lending

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