Barely a week after several bank chief executives came out strongly to allay fears that they were not pulling the plug on share margin financing, Hong Leong Bank Bhd has come under fire for continuing to maintain a very long list of so-called “non-marginable'' stocks.
Market sources say the list covers close to half the stocks listed on Bursa Malaysia. They say it comprises some very large-cap stocks, profitable companies, all the stocks on Mesdaq and several more of the penny stocks.