China Closes Citadel Account In Short-Selling Crackdown

Where is Ben Bernanke when you really need him?

Chinese regulators have suspended a trading account related to Citadel Securities, owner of hedge fund Citadel, as China takes further steps to rein in speculators in an effort to bolster flagging stock markets.

The government of China has declared war on "malicious" short selling, and has launched a campaign to support the two main stock markets which have dropped by over 30% in the last month and a half.

Both main Chinese stock markets (

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