Cost of shorting in Hong Kong doubles as China bearishness builds
March 21, 2012
Hedging is harder than ever as funds target the same sectors.
Investors bearish on China say there have never been more overheated stocks to short. There’s just one problem: It’s getting more expensive to bet against them. Hong Kong’s market—where many go to express negative views on Chinese firms listed on the local exchange—is so tight that the cost of shorting has more than doubled in...
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