The case highlights concerns over hidden bad debt tied to China’s property downturn
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A regulatory probe into the Shenzhen branch of Huaxia Bank Co. Ltd. (600015.SH) is raising fresh questions about hidden property-related risks in China’s banking system.
After a years-long real estate slump, many smaller lenders have found themselves saddled with a portfolio of distressed assets…
The case underscores lingering banking risks tied to China’s property boom
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