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Used with permission of Bloomberg Finance LP • PBoC has significantly tightened money market rates to curb shadow banking and asset speculation Shanghai interbank offered rate fixing - 1 month Used with permission of Bloomberg Finance LP • The recent headlines on bad loans in China's shadow banking
the part of Deutsche Bank AG and / or its affiliates (13B'). These ideas are for the consideration of the intended recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFICI), who understand the strategy. cha
if) used with permission of Bloomberg Finance LP PBoC has significantly tightened money market rates to curb shadow banking and asset speculation Shanghai interbank offered rate fixing - 1 month (Embedded image moved to file: pic15114.gif) Used with permission of Bloomberg Finance LP The recent headl
he part of Deutsche Bank AG and / or its affiliates ("DB"). These ideas are for the consideration of the intended recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFID), who understand the strategy, cha
CNH Used with permission of Bloomberg Finance LP PBoC has significantly tightened money market rates to curb shadow banking and asset speculation Shanghai interbank offered rate fixing - 1 month Used with permission of Bloomberg Finance LP The recent headlines on bad loans in China's shadow banking in
he part of Deutsche Bank AG and / or its affiliates ("DB"). These ideas are for the consideration of the intended recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFID), who understand the strategy, cha
37 Used with permission of Bloomberg Finance LP PBoC has significantly tightened money market rates to curb shadow banking and asset speculation Shanghai interbank offered rate fixing - 1 month (Embedded image moved to file: pic15114.gif) Used with permission of Bloomberg Finance LP The recent headl
sche Bank AG and / or its affiliates ("DB"). These ideas are for the consideration of the intended EFTA01479438 recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFID), who understand the strategy, cha
Entities connected to both Shanghai and KCP London

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