Tough times for small Chinese banks

Jul 24, 2013 : Chinese banks account for a big chunk of both the Hang Seng and the Shanghai Composite indices, so bad news for banks is bad news for investors in general. The FT's Paul Davies says recent troubles have weighed heavily on the sector but that a split is opening up between the four large banks and the rest. Smaller banks face tougher struggles with a wave of changes hitting the sector.
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