Economy of China the stock in some firms. Lines of credit were extended by CFS to 21 securities firms, some of which also purchased up to 5% of some companies stocks. Some of the small cap stocks acquired may be overvalued. Chinese stocks fell about 10% during the last week of July 2015 with record breaking losses on Monday. The renminbi ("people's currency") is the currency of China, denominated as the yuan, subdivided into 10 jiao or 100 fen. The renminbi is issued by the People's Bank of China, the monetary authority of China. The ISO 4217 abbreviation is CNY, although also commonly
Sun Fen and took up residence in Wuchang (武昌; present-day Ezhou, Hubei). Following Sun Quan's death in May 252, the Grand Tutor Zhuge Ke, who had been appointed regent for Sun Quan's youngest son and successor, Sun Liang, proposed to the imperial court to move the nobles away from areas with a heavy military presence. He thus relocated Sun Fen from Wuchang to Yuzhang Commandery (豫章郡; around present-day Nanchang, Jiangxi). However, Sun Fen turned furious when he heard about it and refused to move out of Wuchang. Zhuge Ke wrote a long letter to Sun Fen to warn him about the perils