Tuesday, January 5, 2016

China's Six-Month Ban On Insider Stock Sales Set To Expire This Week

The CSI 300 index is up around a quarter-percent.
Business Insider on yesterday's decline:
...With little to raise alarm in the growth numbers and exchange rate, it's likely market-specific factors that explain the bulk of Monday's drop. In particular, a six-month ban on share sales by major investors, introduced on July 8, may come to an end this week. The result could be a significant volume of sell orders as six months of pent up pessimism are released. In addition, the market in December may have been artificially boosted by mutual funds as they attempted to bolster annual returns. Those artificial gains are now being wiped out....