Reuters citing unnamed sources for the latest Chinese stock market manipulation effort:
- regulators have asked funds to restrict short selling of equity index futures
Shanghai Composite update:
More added:
Two sources, spoke on condition of anonymity
- A hedge fund manager said he received calls from China's financial futures exchange, cautioning against reckless short selling, especially "naked" short selling conducted not for hedging purposes.
- Another hedge fund source said the exchange had informally asked his firm recently not to short sell for speculative purposes.
Chinese regulators approached for comments did not respond, says Reuters.
