(China Alert) Brokerage: Stick or twist
- Brokerage
-We believe majority ownership of brokerages is already within sight for several foreign firms -Stakeholder politics may be a tough hurdle to clear -Positioning among foreign rivals may be even tougher Update: Ownership reform in China is taking place across many financial sectors. Now it’s the brokerage’s turn. Parallel to this reform, we are seeing […]
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