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HELD-TO-MATURITY SECURITIES
12 Months Ended
Dec. 31, 2015
HELD-TO-MATURITY SECURITIES [Abstract]  
HELD-TO-MATURITY SECURITIES
4. HELD-TO-MATURITY SECURITIES

 

The balance represents the Company's investments in debt securities issued by the PRC banks with original maturities longer than 3 months but less than one year and the Company has positive intent and ability to hold to maturity.