Hong Kong's new compulsory stock borrowing programme

The paper discusses the main features of Hongkong Clearing's new ‘compulsory’ stock borrowing programme, the reasons behind its implementation, the risk exposure of lenders and the borrower (ie Hongkong Clearing), and problems associated with the lack of collateral for loaned stocks and possible solutions.

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Year of publication:	2000
Authors:	Bai, Lynn
Published in:	Journal of Financial Regulation and Compliance. - MCB UP Ltd, ISSN 1740-0279, ZDB-ID 2093796-9. - Vol. 8.2000, 1, p. 57-66
Publisher:	MCB UP Ltd

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Type of publication:	Article
Type of publication (narrower categories):	review-article
Language:	English
Other identifiers:	10.1108/eb025030 [DOI]
Source:	Other ZBW resources

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