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KM Financial Solutions | China allows domestic banks’ wealth management units to buy shares
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China allows domestic banks’ wealth management units to buy shares

02 Dec China allows domestic banks’ wealth management units to buy shares

Posted at 04:33h in News by
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China’s banking regulator has
allowed wealth management subsidiaries of domestic commercial
banks to directly invest in Chinese shares, in a move aimed at
bolstering market confidence amid a slowing economy.

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