News Review: China To Expand Short Selling Program

In this episode of China Money Podcast, we review the news on:

– Nomura expects China’s economy to slow down to 7.9% for 2012 due to investment and consumption slowdown
– Bernstein Research cuts earning estimates for major Hong Kong banks by 7% for 2012
– China plans to launch an intermediary entity to expand margin trading and short selling operations
– China’s new loans are estimated to increase to RMB8 trillion to RMB8.5 trillion in 2012
– China’s National Social Security Fund is said to consider investing in foreign private equity funds