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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (16359)9/7/1998 7:52:00 PM
From: John Hunt  Read Replies (2) of 18056
 
(HK) Raft of new rules aims to shore up peg

scmp.com

<< The Government will study criminalising unreported short selling. It also will act to increase penalties for illegal short selling from a maximum fine of $10,000 and six months' jail to a $100,000 fine and two years' jail.

It also said it would establish an independent body to manage the estimated $100 billion portfolio it has amassed since August 14. >>


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