Chinese short selling: skimpy shorts

Hedge funds watching China’s markets are licking their lips at what they see as the best shorting opportunity since Enron. But while plans to allow short-selling are imminent, this won’t be a bear’s picnic. Beijing’s plans to allow two-way equity bets will give foreigners little chance. Borrowing individual stocks will be tricky, even for locals. After many countries such as the United States and UK put more severe restrictions on short-selling, China is taking the contrarian view. The short-sel...