China Stock Market Research

China A-shares closed sharply lower for a second day after China Merchants Bank announced a large exposure to Lehman Brothers, raising concerns about how much of the latter’s securities are held by other financial institutions.
China Merchants Bank (SSE:600036, HKG:3968) fell 9.96 pct to 14.47 yuan after tumbling almost 10 pct yesterday. It said it holds [...]

Filed under: Chinese Stocks, Market Summary by CSMR
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