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CBRC tightens control on personal investment products

Jul. 10, 2009 (China Knowledge) - The China Banking Regulatory Commission (CBRC), the nation's banking regulator, on Wednesday released a new circular prohibiting banks from investing wealth management funds in stocks and equity mutual funds, according to a statement published on CBRC's website. The banking regulator also banned lenders from investing client funds in equities of unlisted firms an

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