19 Mar China’s ‘broker butcher’ regulator to lead effort to nurture mainland competitors for Morgan Stanley, Goldman Sachs
Posted at 05:29h
in Asia
Now he faces an uphill battle to reshape China’s 11 trillion yuan (US$1.5 trillion) securities industry as a prescription for reversing a three-year market slump and reviving confidence among the country’s 220 million individual investors.China Securities Regulatory Commission Chairman Wu Qing attends a press conference...