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Smaller China banks bingeing on risky debt

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Lenders other than the big five issued 85 billion yuan (S$18.8 billion) of Tier 2 securities in the third quarter

Shanghai

LESS creditworthy Chinese banks are bingeing on the riskiest class of debt as a slowing economy and slumping stocks make it harder to meet standards for capital buffers.

Lenders other than the big five issued 85 billion yuan (S$18.8 billion) of Tier 2 securities in the...

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