China’s banking regulator has released draft rules that tightened banks’ shareholdings to close loopholes of its existing regulatory framework. Photo: Reuters

China tightens bank shareholding rules after lifting cap on foreign stakes

CBRC imposes stricter shareholding rules on Chinese commercial banks, one week after scrapping investment cap for foreign players

Topic |   Banking & Finance

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China’s banking regulator has released draft rules that tightened banks’ shareholdings to close loopholes of its existing regulatory framework. Photo: Reuters
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