China Merchants Bank, Bank of China Favored: Daiwa Capital

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  • Bloomberg Markets and Finance published this video item, entitled “China Merchants Bank, Bank of China Favored: Daiwa Capital” – below is their description.

    Apr.27 — Leon Qi, regional head of financials and fintech research at Daiwa Capital Markets, discusses the outlook for Chinse banks and embattled distressed-debt manager China Huarong Asset Management Co. Huarong repaid an offshore bond maturing with funds provided by Industrial & Commercial Bank of China Ltd., the nation’s largest state-owned lender, according to people familiar with the matter. Qi speaks on “Bloomberg Daybreak: Asia.”

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    In This Story: China

    China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes the former nations of Tibet and Hong Kong. The capital is Beijing.

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