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In Depth: Banks Worry Individuals Are Using Loans to Ride Stock Market Boom

By Ding Feng, Liu Ran and Qing Na
2024年10月24日 19:52
Both regulators and lenders have said that personal loans must not be used to buy stocks

Chinese banks are increasing scrutiny of retail loans out of concern that they are being misappropriated to invest in the stock market, after demand for personal borrowing shot up amid the recent stimulus-fueled rally.

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