Shanghai Margin Debt Falls for Record Streak as Stocks Slump

  • Slumping leverage shows decreased risk appetite, JK Life says
  • Shanghai's margin debt balance plunges 61% from June peak

Traders cut leveraged positions in Chinese stocks purchased with borrowed money for a 15th straight day in Shanghai on Thursday, the longest losing streak on record and a signal to some analysts that the bear market may not be over.

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