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China Merchants Bank responded that the former president Tian Huiyu was investigated: the company s operation and management are running normally

China Merchants Bank, April 22. On the evening of the 22nd, China Merchants Bank issued an announcement stating that according to the information disclosed on the website of the Central Commission for Discipline Inspection and State Supervision Commission on April 22, 2022, Tian Huiyu, former secretary of the Party Committee and President of China Merchants Bank Co., Ltd., was suspected of serio

China Merchants Bank sinks by most in 11 years as damage to shareholders snowballs to US$34 billion in two days

Losses snowball over two days as shareholders remain in the dark on board decision to remove Tian Huiyu as president.

China Merchants Bank Shares Fall After Sudden Removal of President

China Merchants Bank Shares Fall After Sudden Removal of President
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World Business Quick Take - Taipei Times

AUTOMAKERS <strong>Stellantis halts Russia plant</strong> US-European automaker Stellantis NV yesterday announced the suspension of production at its factory in Russia, citing a lack of parts and sanctions against Moscow over the war in Ukraine. The group had already announced last month that it was halting imports and exports to and from Russia. Production for the local market at the Kaluga factory southwest of Moscow also slowed, and the company had warned that it would have to suspend work due to shortages of components. However, Russia’s invasion of Ukraine prompted it to transfer that production to Hordain in France and Luton in England,

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