People familiar with the matter revealed that the Beijing Stock Exchange banned large shareholders of listed companies from selling stocks because they were worried that this would extinguish the stock market's rise.
According to Reuters on Monday (November 27), the Chinese Stock Exchange stipulatesSome companies shares.
The report quoted three people familiar with the matter who said that the Beijing Exchange has always rejected the application for major shareholders to sell stocks.They added that it is unclear how long this new move will last.
The Beijing Exchange and the China Securities Regulatory Commission did not immediately reply to the review request.
Reported that the so -called "Window Guidance" above may help maintain the rise of the Beijing Stock Exchange 50 index.
The China Securities Composite Index rose by about 10%on Monday.After the Chinese stock market has gone through a long downturn, the government has recently adopted a series of measures to regain the stock market. The Shanghai Composite Index rose 21%last week.
