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September 17, 2013

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Suning Bank’s name approved

The State Administration for Industry and Commerce approved the registered name of Suning Bank yesterday. The bank plans to open by March next year.

Shares of Suning Commerce Co, China’s largest home appliance retailer which is expected to be the bank’s largest shareholder, jumped 9.97 percent to 10.26 yuan on the Shenzhen Stock Exchange yesterday.

 




 

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