Cambricon stock at 1,424 yuan faces Monday test as China tightens margin rules
Cambricon Class A shares closed up 0.64% at 1,424.05 yuan in Shanghai Friday, with 7.23 million shares traded. China’s exchanges will raise the minimum margin requirement for new borrowings to 100% starting Jan. 19. The CSI 300 index fell 0.41%. Cambricon drew a net 580 million yuan in “main fund” inflows, leading the STAR Market.