China’s stock-index futures slid after officials moved to contain the rise in leveraged wagers on equities. Futures on the CSI 300 Index lost 1.5 percent to 3,586.80 as of 9:15 a.m. local time. Mainland stock exchanges cut by half the amount of borrowed money investors can use to buy shares, as authorities sought to prevent a repeat of the excesses that led a $5 trillion rout earlier this year. Brokerages, which drove the market’s rebound back into a bull market, may be under pressure. “The increase in margin requirements will spook some investors and they will pull out of the market,” said Li Jingyuan, head of securities investment at Shanghai...
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