Shengjing Bank Buyout: A Chinese Bank's Retreat

Markets & Money Today | 2 Min News | The Daily News Now! - Un pódcast de The Daily News Now! - Miercoles

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Shengjing Bank's stock price skyrockets after its main shareholder boosts its buyout offer to take the struggling Chinese lender private. Is this the beginning of a trend for smaller Chinese banks facing shrinking profits and a tough economic climate? Find out how this deal could reshape the future of regional banking in China. Hosted on Acast. See acast.com/privacy for more information.

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