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China Banking and Insurance.............>

CHINA PRESS
MNI (London)
CHINA PRESS: China Banking and Insurance Regulatory Commission has given the
green light to insurance firms to set up special products that can help resolve
'equity pledge' risks and ease the liquidity crisis for listed companies, the
Economic Information Daily reported Friday.
- The Commission had limited the investment scope of such special products,
mainly including stocks of listed companies, bonds issued by listed companies
and their shareholders, and non-publicly issued exchangeable bonds, the Daily
said.
(Link to the story: https://bit.ly/2JiyXfN)
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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