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China's banking regulator has...........>

CHINA PRESS
CHINA PRESS: China's banking regulator has approved the first issuance of
perpetuity for a rural community bank, according to China Securities Journal.
Shenzhen Rural Commercial Bank will raise a maximum of RMB 2.5 billion through
the perpetuities. 15 banks have issued perpetuities by December totalling
RMB549.6 billion the journal reported, citing Wind Information. A slew of rural
commercial banks are expected to issue perpetuities in the future, the journal
said, citing anonymous sources.

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