China Biz Roundup: Baoshang Bank Takeover Latest; Arrests at Liquor Giant Moutai; What ‘High-Tech’ Means on Shanghai's New Board

Baoshang Bank’s creditors get added backstop on deposits, debts; Moutai’s former e-commerce chief nabbed in graft probe; high tech isn’t a must for China’s high-tech board, experts say; and more