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DeepNewz, mobile.
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China is tightening its grip on local financial institutions that offer services without a proper license, a move that could significantly reduce the number of such firms, estimated at more than 30,000 https://t.co/3rYK5lEopX
Chinese Stock Markets Head for Third Year of Record Delistings https://t.co/wrZdzfJLEK ht @SoberLook https://t.co/fhDz435pfp
The decentralization of decision-making was essential to China’s #economic boom in its early years, argues Huang Yiping in this week’s op-ed, but further economic reform will require the central government to reassert control. https://t.co/fcYJzlDnV6
MSCI has removed dozens of Chinese stocks from its global indices as China experiences a surge in stock market delistings. The tightened delisting rules in China have led to a rapid increase in the number of companies being removed from stock exchanges, with many others at risk. The Chinese stock market is on track for a record high number of delistings, marking the third consecutive year of such a trend.
