China regulators probe liquidity stress that sent rates to record 50% sources

A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo Acquire Licensing Rights

SHANGHAI, Nov 2 (Reuters) – China’s financial regulators are investigating a month-end liquidity crunch that saw short-term money rates surge to as much as 50%, asking some institutions to explain why they borrowed at extremely high rates, three sources said.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.