China Merchants Bank

Bitcoin price drops after China imposes new restrictions

BTC China has halted deposits of local currency from the China Merchants Bank, causing the value of Bitcoin to fall from $500 to below $440, a 10% difference from its value in the past few days.

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Anbang stake acquisition in China Merchants fuel rumors insurer has no more interest in Wing Hang- report

The $2.1 billion stake acquisition of Anbang Insurance Group in China Merchants Bank Co has added to the speculation that the insurer is no longer interested in acquiring Hong Kong-based Wing Hang Bank Ltd.

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