China margin trading balance balloons to record high

Chinese investors' borrowing to trade on the country's stock markets -- the force behind their extraordinary recent performance -- has surpassed 2 trillion yuan for the first time, figures showed Friday, highlighting the risks in the rally. Data from China's two exchanges in Shanghai and Shenzhen showed the combined outstanding balance of margin trading transactions -- the use of borrowed funds on the stock markets -- at 2.03 trillion yuan ($328 billion) by the end of trade on Thu