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M&A Integration Among Securities Firms To Speed Up

CHINA PRESS
MNI (Singapore)

China’s securities sector will likely face accelerating mergers and acquisitions and increasing industry concentration, as the country aims to launch first-class investment banks, Securities Times reported citing market insiders. A recent document released by the China Securities Regulatory Commission proposed to form about 10 leading institutions in about five years, and build two-three investment banks with international competitiveness and market leadership by 2035.

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