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China Banks to Assess Acquisitive Corporates’ Foreign Investments

On Thursday, June 22, 2017, the shares in two of the biggest conglomerates, HNA and Fosun International, declined by nearly 6%, amidst several rumors of orders to banks for assessing their exposure to offshore purchases. According to the reports, along with these two, the China’s banking regulator had also asked the lenders to investigate their […]