Liu Zhiqing of the China Banking Regulatory Commission ( deputy head of prudential regulation bureau), speaking on Thursday

  • Said some of China's largest companies may pose a systemic risk to the country's banks
  • CBRC is checking company borrowings

He didn't name any specific companies ... but shares of five companies were sold hard (Anbang Insurance Group, HNA Group, Fosun International, and Dalian Wanda Group)