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Beijing approves first bike-sharing IPO

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Public investors will soon get a taste of one of China’s hottest businesses after bike-sharing company Youon won regulatory approval for an initial public offering on the Shanghai Stock Exchange. Officially known as Changzhou Youon…

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CBRC mulls guidelines to prevent financial risks

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China’s banking regulator vowed on Friday to clean up irregularities in the sector and intensify the crackdown on financial speculation that exploits systemic loopholes. Yang Jiacai, assistant chairman of the China Banking Regulatory Commission ……

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