The People's Bank of China. Photo: Xinhua
Beijing orders brokerages to lift fundraising quota, eases liquidity for smaller financial firms
- Shenzhen-based GF Securities and China Merchant Securities receive orders to improve quota for commercial bill issuance
- Beijing is working on boosting confidence by easing credit after Baoshang Bank takeover, analysts say
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Banking & Finance
The People's Bank of China. Photo: Xinhua