April 13, 2024
Stock Market

Short positions in China stocks shrink after regulatory crackdown

Signage for the Shanghai Stock Exchange in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024.

Bloomberg | Bloomberg | Getty Images

Short positions in China’s stock market shrank by a third in February to their lowest in more than three years, reflecting measures by regulators to curb speculation and boost investor confidence.

China’s blue-chip CSI300 Index .CSI300 has bounced nearly 14% from five-year lows it hit last month as selling pressure eases in the face of government stabilization efforts, though economic growth still appears fragile.

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