Dec 29, 2023 10:14 AM

CX DAILY

CX Daily: Why China Wants Brokerages to Merge and Why It Won’t Be Easy

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In Depth: Why China wants brokerages to merge and why it won’t be easy

China’s brokerage sector looks set for another round of mergers and restructuring after the Central Financial Work Conference in October vowed to “foster first-class investment banks and institutions” and the top securities regulator pledged support for firms to improve their competitiveness.

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