UPDATE 1-China tells big lenders not to shun small non-banks after Baoshang’s woes
China’s securities watchdog has told several large non-bank
financial institutions to lend more to smaller non-bank
institutions in the interbank market to ease a liquidity crunch,
sources with direct knowledge of the matter told Reuters on
Monday.
financial institutions to lend more to smaller non-bank
institutions in the interbank market to ease a liquidity crunch,
sources with direct knowledge of the matter told Reuters on
Monday.
Posted by Reuters
