• 11/25/2024

Chinese Brokerages to Merge, Creating a $228 Billion Entity

Wall Street Journal

Efforts to consolidate China’s financial-services sector took a big step forward as two of the country’s largest state-backed brokerages agreed to combine to create a giant with about $228 billion in assets.

https://www.wsj.com/articles/china-owned-brokerages-plan-merger-to-create-228-billion-entity-8d1b4013