(Reuters Breakingviews) - China is gradually clarifying its bank bailout message...
People walk past a branch of Industrial and Commercial Bank of China in Beijing, China April 1, 2019. Picture taken April 1, 2019. REUTERS/Florence Lo
The country’s state-backed financiers pounced into Bank of Jinzhou over the weekend, following reports last week that central bank officials and other regulators met with financial institutions in Liaoning province, where the lender is based. It has been in the spotlight since trading of its shares on the Hong Kong stock exchange was suspended in April, after the bank said publication of last year’s annual results would be delayed.
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