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【Financial Str. Release】CSDC cuts minimum ratio of stock settlement reserve funds to lower costs, better serve real economy
China Securities Depository and Clearing Co., Ltd. (CSDC), a central securities depository in the country, announced Thursday to reduce the minimum ratio of settlement reserve funds for stock-related business to 16 percent from 18 percent, effective as of April 1 this year, reported Xinhua Finance on Friday.
March18,2022
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