Logo 13 Jul 2021

Dagong gets pinged again by regulators

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On Monday, Caixin reported that Dagong Global Credit Rating Co. – one of China’s biggest domestic ratings agencies – has been sanctioned for the second time in a month by financial regulators.
ICYMI: On June 11, the central bank (PBoC) fined Dagong RMB 14.6 million for several lapses, including havi...