Source: China – South China Morning PostMainland stock traders boosted their leveraged bets to an all-time high, adding fuel to a liquidity-driven rally that catapulted a key benchmark to its highest point in a decade last month.
The outstanding value of the shares bought with borrowed money rose to 2.28 trillion yuan (US$319.2 billion) on the mainland’s exchanges on Monday, according to data from China Securities Finance and Bloomberg. That surpassed the previous high of 2.27 trillion yuan set on June 18, just before a quick…Read More