ICBC's shares have fallen amid speculation the bank would be forced to help repay investors in the off-balance-sheet investment product. Photo: AFP
ICBC's shares have fallen amid speculation the bank would be forced to help repay investors in the off-balance-sheet investment product. Photo: AFP
ICBC

Troubled shadow bank product tests no-default policy in China

If the investment fails to pay out, it could shatter assumption of implicit state-backed guarantees

Topic |   ICBC
ICBC's shares have fallen amid speculation the bank would be forced to help repay investors in the off-balance-sheet investment product. Photo: AFP
ICBC's shares have fallen amid speculation the bank would be forced to help repay investors in the off-balance-sheet investment product. Photo: AFP
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