Hong Kong's financial regulator yesterday unveiled a new regime for disclosure on short selling, in an aggressive move to boost market transparency that is likely to influence reforms in other financial centres. The Securities and Futures Commission plans to force equity market participants to submit weekly reports detailing any short positions over certain thresholds. These “trigger levels” are set much lower than those found in New York or London. “A build-up of large short positions may be potentially disruptive to market stability,” said Martin Wheatley, SFC chief executive.
香港金融监管机构昨日公布了针对卖空活动的新申报制度,这一旨在提高市场透明度的激进举措,可能对其它金融中心的改革产生影响。香港证监会(SFC)拟迫令股市参与者递交每周报告,列明超过某些界线的任何淡仓(即空头头寸)。这些“触发界线”远低于纽约或伦敦设定的水平。“大额淡仓可能会影响市场的稳定性,”证监会行政总裁韦奕礼(Martin Wheatley)表示。