Date
18 October 2017

ICBC chairman backs more open financial market, report says

Jiang Jianqing, chairman of Industrial & Commercial Bank of China (01398.HK, 601398.CN), has called for more opening up of the financial market and easier access for non-state capital, Tencent Finance reported Wednesday. Jiang favors diversified shareholding in financial institutions and wants banks to shift more lending to small and medium-sized enterprises, given that big businesses are tending to raise funds from the capital market, according to the report.

– Contact HKEJ at digest@ejinsight.com

KZ/AC/SK

 

EJI Weekly Newsletter

Please click here to unsubscribe