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Deutsche Bank's revamp plan may be in jeopardy
Beijing's temporary market prohibition of substantial stake sales means German bank will have to wait if it wants to sell its 20% holding in Huaxia Bank
Published Thu, Jul 9, 2015 · 09:50 PM
Frankfurt
CHINA'S effort to stop the nation's US$3.5 trillion stock-market rout could complicate John Cryan's plans for Deutsche Bank AG.
The China Securities Regulatory Commission has banned major shareholders from selling stakes in publicly traded companies for six months.
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