This article only represents the author's own views.
Keeping peace in its banking sector is proving costly for Chinese authorities as they try to maintain confidence in the country’s financial system.
Last Friday, regional lender Shengjing Bank Co. Ltd. (2066.HK), based in the Northeastern Chinese city of Shenyang, said its government-backed controlling shareholder, Shenyang Shengjing Financial Holding Investment Group, raised its buyout offer for the lender to take it off the Hong Kong Stock Exchange.
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