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China securities regulator warns of further bond default risks


BEIJING/SHANGHAI (Reuters) - China's securities regulator said on Friday that exchanges should pay close attention to risks following a recent spate of corporate defaults, and as private companies face growing refinancing risks.The China Securities Regulatory Commission (CSRC) "has noticed there have been relatively many bond default cases in securities markets, and has already reminded exchanges to pay close attention to risks," CSRC spokesperson Gao Li said at the the regulator's weekly news briefing.Exchanges should conduct monitoring and research due to the potential for further bond ...

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First Published: Fri, May 18 2018. 16:54 IST