Nation
Little Bank, Big Struggles: A New Player in Hong Kong Amidst Banking Turmoil
2025-01-13
Author: Ying
HONG KONG – In a surprising development for the financial sector, Yibin City Commercial Bank, a lesser-known lender hailing from the inland province of Sichuan, launched its shares on the Hong Kong stock exchange this Monday.
This debut comes at a time when concerns are escalating regarding the pressure facing China’s banking system.