Chinese authorities have 'asked' funds to restrict short selling stock index futures

<p>Reuters citing unnamed sources for the latest Chinese stock market manipulation effort:</p><ul><li>regulators have asked funds to restrict short selling of equity index futures</li></ul><p>Shanghai Composite update:</p><p>More added:</p><p>Two sources, spoke on condition of anonymity</p><ul><li>
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. </li></ul><p>Chinese regulators approached for comments did not respond, says Reuters. </p>

This article was written by Eamonn Sheridan at

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