After heavy losses in the stock markets, several banks have been proactive in advertising shadow funds as a means for shareholders to prop up share prices. Photo: Reuters After heavy losses in the stock markets, several banks have been proactive in advertising shadow funds as a means for shareholders to prop up share prices. Photo: Reuters
After heavy losses in the stock markets, several banks have been proactive in advertising shadow funds as a means for shareholders to prop up share prices. Photo: Reuters
Business /  Banking & Finance

Banks resort to Beijing-backed shadow bailouts for market

Mainland lenders resort to shadow banking market so companies can buy their own shares - all under the auspices of the government

Don Weinland

Updated: 11:50pm, 19 Jul, 2015

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After heavy losses in the stock markets, several banks have been proactive in advertising shadow funds as a means for shareholders to prop up share prices. Photo: Reuters After heavy losses in the stock markets, several banks have been proactive in advertising shadow funds as a means for shareholders to prop up share prices. Photo: Reuters
After heavy losses in the stock markets, several banks have been proactive in advertising shadow funds as a means for shareholders to prop up share prices. Photo: Reuters
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