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.

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