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Shanghai authorities allow some financial firms to resume work – sources -Breaking

by Mike Robinson

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© Reuters. A man strolls past Lujiazui, which is visible across the Huangpu, during the Pudong region lockdown, to prevent the spread coronavirus disease in Shanghai (China), March 28, 2022. REUTERS/Aly Song/Files

SHANGHAI, (Reuters) – Shanghai authorities have issued a new white’ list containing 864 financial institution, allowing them resume work, according to three sources who were directly aware of the matter.

This is part of the plan by the financial hub to reopen widely and resume normal life after nearly two months of economic lockdown.

Reuters asked the Shanghai government for comment but they did not respond immediately.

Shanghai Securities News, a state-owned company, reported that the approval was earlier Wednesday.

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