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
Topic |   Banking & Finance

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The People's Bank of China. Photo: Xinhua
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