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
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
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
