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Industrial And Commercial Bank Of China (SEHK:1398) Tests Repo Based Loans, Is The Stock Still Cheap?
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Industrial and Commercial Bank of China (SEHK:1398) has drawn attention after joining China Merchants Bank and Shanghai Pudong Development Bank in testing loans priced off interbank repo rates instead of the loan prime rate, highlighting an adjustment …