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China’s brokerage sector sees mega-mergers but remains competitive and fragmented

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China’s brokerage sector sees mega-mergers but remains competitive and fragmented - SCMP

Quick Summary:

China’s intensely competitive securities sector, with more than 140 firms, has been repeatedly pulled up by regulators, S&P Global says.

In March 2024, CSRC issued guidelines to restructure the industry to sharpen its competitiveness and to build world-class investment banks by 2035.

CATL is said to be seeking at least US$5 billion from the secondary listing.


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Article Details

Author / Journalist: Cao Li

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-16 @ 11:30:12 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 230 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27038846

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 4 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 12 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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  • URL: https://beamstart.com/news/chinas-brokerage-sector-sees-mega-17420966554312

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