Taiwan Tightens Short Selling Curbs Again to Stem Market Selloff
This article is for subscribers only.
Taiwan’s financial regulator has ratcheted up rules on short selling as a way to stabilize its equities market amid a continued global rout.
Investors will no longer be able to short stocks at a price lower than the previous close if shares drop more than 3.5% the day before, the Taiwan Financial Supervisory Commission said in a statement on Friday. The rule is effective immediately.