BEIJING: China’s commercial banks sharply cut their holdings of corporate bonds last month in response to a heavy supply of local government paper, even as recent easing measures announced by the central bank encourage lenders to buy more company notes.
During market turmoil, it is easy to want to sell. Yet, for disciplined investors with a long-term horizon, this is a good time to explore investments in emerging market Latin American and Asian banks.
Sim Lim Square and Shopee are offering special deals and giveaways till 31 August to celebrate the launch of their partnership.
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