China Construction Bank, the second biggest bank by market cap, lost 2.3 per cent to 6.25 yuan, the worst level since early July. Photo: Reuters China Construction Bank, the second biggest bank by market cap, lost 2.3 per cent to 6.25 yuan, the worst level since early July. Photo: Reuters
China Construction Bank, the second biggest bank by market cap, lost 2.3 per cent to 6.25 yuan, the worst level since early July. Photo: Reuters

People’s Bank of China

Business /  Companies

Chinese banks’ shares sink after Beijing reportedly tells them to control profit to support economy

  • Regulator tells lenders to increase funding to small businesses and not to ‘let the profits shoot too high’, according to the Securities Times

Topic |   People’s Bank of China
Laura He
Laura He

Updated: 1:46pm, 21 Dec, 2018

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China Construction Bank, the second biggest bank by market cap, lost 2.3 per cent to 6.25 yuan, the worst level since early July. Photo: Reuters China Construction Bank, the second biggest bank by market cap, lost 2.3 per cent to 6.25 yuan, the worst level since early July. Photo: Reuters
China Construction Bank, the second biggest bank by market cap, lost 2.3 per cent to 6.25 yuan, the worst level since early July. Photo: Reuters
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