The Hong Kong-listed Postal Savings Bank of China was hit with a 90.5 million yuan fine for illegal bank notes transactions worth 7.9 billion yuan. Photo: Imaginechina
US$125.5 million in fines in January suggest China will continue crackdown on financial risk in 2018
January fines amount to about three times the penalties for whole of 2016
The Hong Kong-listed Postal Savings Bank of China was hit with a 90.5 million yuan fine for illegal bank notes transactions worth 7.9 billion yuan. Photo: Imaginechina
