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China Traders Borrow Most Cash Since 2015 to Bet on Stock Gains

Bloomberg News
Updated on

Chinese investors are loading up on leverage to speculate in the stock market at the fastest pace in more than five years.

They pushed outstanding margin debt on domestic exchanges to more than 1.2 trillion yuan ($171 billion) as of Monday. The figure rose 36.7 billion yuan from July 3, the biggest increase since January 2015.