Jun 28, 2011 07:48 PM

JP Morgan China JV Wins Business License

By staff reporter An Yang

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(Beijing) – JP Morgan First Capital said on June 28 that it was approved for a securities business license from the China Securities Regulatory Commission.

Headquartered in Beijing, JP Morgan First Capital is a joint venture between JPMorgan Chase & Co. and First Capital Securities to engage in underwriting and sponsoring services for domestic stocks and corporate bonds.

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