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The top officials at various Chinese regulatory bodies made efforts over the weekend to calm nerves on default risks and fleeing foreign capital as they tame the spread of the Covid-19 coronavirus within the country.
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The China Securities Regulatory Commission (CSRC) has shed some light on the kinds of companies that are eligible to list on the Star board, solving part of a problem that has long puzzled potential IPO candidates.
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In this round-up, countries around the world have confirmed 14,641 deaths from Covid-19 infections, the coronavirus epicentre of Wuhan is gradually loosening its lockdown, and the New Development Bank is giving China its largest loan.
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Barclays has named Carrie Chen as vice chairman of Greater China banking and Sung-Min Chung as head of technology in banking for Asia Pacific.
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In this round-up, Europe has now seen more Covid-19 infections than China and Italy more fatalities than the Mainland, the central bank has decided not to lower the loan prime rate (LPR), and Beijing has banned reporters from three US newspapers.
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Goldman Sachs announced on Thursday that an employee in its investment banking division in Hong Kong had been identified as a "highly probable case" of the Covid-19 coronavirus.