China Says 8 Banks Lent Money to Buyers of Stocks, Real Estate (Bloomberg.com)
China Says 8 Banks Lent Money to Buyers of Stocks, Real Estate (Bloomberg.com)
June 18 (Bloomberg) — China’s bank regulator said eight banks including Industrial & Commercial Bank of China Ltd. and Bank of China Ltd. have illegally lent money to companies that used the funds to buy stocks and real estate.