Bank of China A Shares Slip Into Monday After Anti-Graft Headline — What to Watch Next
Bank of China A shares closed at 5.35 yuan in Shanghai Friday, down 0.93%. State media reported former vice president Lin Jingzhen was expelled from the Communist Party for “serious violations of discipline and law”. No details of the alleged misconduct were released. The stock is down about 6.6% year-to-date.