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21 sats \ 3 replies \ @0xbitcoiner 19 Jan 2024 \ on: China: State-owned broker CITIC bans short-selling econ
It's a bad decision, short sells bring liquidity to the market.
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11 sats \ 2 replies \ @GhostofTruth OP 19 Jan 2024
China needs to stop the bleeding asap. The market is signalling that the CCP doesn't have a say...
https://m.stacker.news/12982
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21 sats \ 1 reply \ @0xbitcoiner 19 Jan 2024
I agree. But banning shorts won't do it, as I said, shorts bring liquidity to the market. They'll have to repurchase.
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21 sats \ 0 replies \ @GhostofTruth OP 19 Jan 2024
Yep. That's true. I think they are 5 min before panicking
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