Beijing Tries to Catch a Falling Knife
On July 8, multiple Chinese banks including the Bank of Communications and Bank of Ningbo announced they would offer favorable loans for share repurchase and stock rights acquisition of listed companies on orders of the China Banking Regulatory Commission. In addition, insurance companies, on orders of the China Insurance Regulatory Commission, bought R…
Keep reading with a 7-day free trial
Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.