China is poised to grant more majority-owned licenses to Wall Street banks in the next six months, regulator says
The New York Stock Exchange on Wall Street in Lower Manhattan in New York as of August 11, 2015. Photo: SCMP
China is poised to grant more majority-owned licenses to Wall Street banks in the next six months, regulator says
- More licenses will be granted for foreign ownership to exceed 51 per cent, said the China Securities Regulatory Commission’s vice-chairman Fang Xinghai
Topic |
Banking & Finance
Updated: Friday, 25 Jan, 2019 10:59am
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The New York Stock Exchange on Wall Street in Lower Manhattan in New York as of August 11, 2015. Photo: SCMP
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