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              Shares of Industrial & Commercial Bank of China Ltd., the world’s largest lender by market value, and its three closest domestic competitors, which are all based in Beijing, have climbed by an average 3 percent in Hong Kong this year, compared with a 14 percent gain in the Hang Seng Index. Photographer: Nelson Ching/Bloomberg

Shares of Industrial & Commercial Bank of China Ltd., the world’s largest lender by market value, and its three closest domestic competitors, which are all based in Beijing, have climbed by an average 3 percent in Hong Kong this year, compared with a 14 percent gain in the Hang Seng Index. Photographer: Nelson Ching/Bloomberg

October 12, 2012
Article
China’s Banks Said to Resist Cutting Lending Rates
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