$SIA (C6L.SG)$ The short interest for SIA was 6% up from 2%....
The short interest for SIA was 6% up from 2%. If everyone stopped lending out your shares, the institutes will need to cover the positions. Short play in SG market is different from US market.
By lending out the shares, securities pay u 3 to 5%, but your shares are locked.
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MattSully : How come institutionals can short SG market?
We cannot?
Bull Run : How we can stop them using our share? We did not agreed to loan out our share in Moomoo
明 Meng : Mainly the big sellers are the big institutions, moomoo people here are the buyers.
Stock Watch OP MattSully : cos they borrowed shares from securities. I know many investors locked their shares in Securities in exchange for 3 to 5% interest. I didn't take up the offer for all my shares kept in CDP. Cos I don't support short sell for SG market
Stock Watch OP 明 Meng : Agreed...
Stock Watch OP Bull Run : don't think happen in Moo
102982325 : Are we able to move shares in moomoo to CDP?
我悄悄地忽悠你去荷兰 Stock Watch OP : Me too....![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Stock Watch OP 我悄悄地忽悠你去荷兰 :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Stock Watch OP 102982325 : must write in moo, submit application.. can try ask the CS
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