News Headline Summary

China to regulate cooperation of banks and payment companies, according to Caixin

Analysis details (05:28)

- Late last month there were reports the PBoC was considering regulations that would significantly limit the use of third-party payment systems, including the payment arms of Alibaba Holding Group and Tencent (700 HK).

17 Apr 2014 - 05:26 - Equities - Source: BBG

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