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  • Article / 19 January 2015 at 9:08 GMT

    From the floor: China's margin call

    Head of Editorial Content / Saxo Bank
    Denmark
    From the floor: China's margin call
    Markets continue to reel from the Swiss National Bank's surprise move last week, but the big story from the floor today comes out of China where regulators have cracked down on the country's new passion for margin lending. The move saw Chinese equities tumble by nearly 8% while securities firms such as Citic and Haitong declined by 10% – the maxim possible fall given China's exchange policies.
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