The benchmark Shanghai Composite Index tumbled by as much as 5.9 percent during intraday trading - the biggest single-day drop in nearly two years - before recovering some losses. The index was down by 4.05 percent at the close. The CSI300 Index, which tracks blue-chip stocks, saw an even steeper fall of 4.27 percent.
The balance of inclusive finance loans to micro and small enterprises increased by 36.45 percent to 510.92 billion yuan. The growth rate was higher than the overall growth rate of loans of the bank by 27.65 percentage points. The annualized yield of such inclusive finance loans granted cumulatively was 4.68 percent.
The banking group, which is headquartered in Melbourne, Australia, focuses on wholesale banking business and has an extensive network in the Asia-Pacific region. Huang said that means it can facilitate cross-border trade for outbound Chinese companies, presenting it with plenty of opportunities.
The authorities closed the section between Guiding and Kaili following the torrential rains.
The biggest winner in the sector is the courier company SF Express, which made a successful initial public offering in February. As a result, company founder Wang Wei came in at No 6 on the list this year with a net wealth of 155 billion yuan (.5 billion).
The base is also advocating the use of online platforms and QR codes for booking and buying tickets, a practice that it said will reduce unnecessary contacts.
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The bankruptcy filing came as the organization faces hundreds of sexual abuse lawsuits, thousands of alleged abuse victims and dwindling membership numbers across the country.
The assessments of these subjects often take place in a laboratory or during field trips, which require close monitoring and teachers' guidance.
The bank aims to focus its financial services on the region's coordinated innovation, infrastructure connectivity, ecological protection, public services and opening up, according to the plan.
The audit findings also showed that ten cities and counties in Yunnan, Hunan and Jilin provinces as well as Chongqing Municipality had inflated their fiscal revenues by a total of 1.5 billion yuan.