China’s regulators slash away at two oligarchs’ financial empires
  • Two investment firms owned by the Heilongjiang provincial government increased their stakes in the midsize commercial bank to 48.18 per cent in total from 19.69 per cent
  • It came after Chinese authorities extended lifelines to at least three lenders, including the central bank’s takeover of Baoshang Bank in May
19 Nov 2019 - 2:52PM