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HKEx considers end to up-tick regulation, THE STANDARD.
Publication: Finance Wire Publication Date: 30-JUL-04 |
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COPYRIGHT 2004 FDCH e-media
Original Source: Emerging Markets Datafile
URL: http://www.thestandard.com/
Hong Kong Exchanges and Clearing (HKEx), the city's stock exchange operator, may scrap the controversial up-tick rule to put it on a par with overseas markets, exchange deputy chief operating officer Gerald Greiner said.
``In the cash market, we are looking at short selling and eliminating the tick rule,'' Greiner said in a stock exchange quarterly newsletter.
``The thinking...
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