China regulator directs lenders to probe misuse of M&A loans for buying land

China regulator directs lenders to probe misuse of M&A loans for buying land

China’s banking regulator has told lenders in Shanghai to increase their scrutiny of loans for mergers and acquisitions to ensure the funds aren’t used to buy land, according to people familiar with the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter