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Chinese regulators urge seven big institutions to provide liquidity to small non-banks

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China’s securities regulator has urged several leading non-bank financial institutions to lend in the interbank market to smaller non-bank firms to help ease liquidity squeeze, first reported by Chinese media including the 21st Business Herald on Monday and confirmed by Yuan Talks with people familiar with the matter.

In a meeting on Sunday, Li Chao, vice chairman of China Securities Regulatory Commission (CSRC), asked managers from seven major securities firms and two fund companies not to suspend . . .

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