Quote from: zby on May 06, 2014, 07:49:56 AM

OK - so what "stop financing new financing currency after currency to pay off all of the facility or stopping leveraged finance trading operations" means? Does that mean that they will stop receiving funds and only let people trade with the money they already have on the exchanges?

I guess that jump today was because of this statement - but if it means what I think it means - then it is in fact bearish.

I don't think this is correct. I think it means that the exchanges can no longer offer leveraged trading or loans, with an overall idea of taking the gambling aspect away.

Baidu:
To comply with the policies and regulations, operation trading platform in the framework of legal compliance, before the end of May 10th the new financing currency, stop lever transactions in all financing or money repaid after thawing

Youdao (much better than google):
Abide by the policies and regulations, operating in the framework of legal compliance trading platform, stop before May 10th new borrowing money, after all financing or melt money paid stop leverage trading business

Edit: It's stopping both loans and deposits. 存 and 贷款