• 09/22/2024

Chinese Financial Services Shares Gain on Consolidation Hopes

Wall Street Journal

Shares of several Chinese financial services companies traded higher Friday on expectations that the sector may see consolidation after state-run Guolian Securities announced its intention to buy another smaller firm.

https://www.wsj.com/articles/chinese-financial-services-shares-gain-on-consolidation-hopes-baa1f7ce