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
The New York Stock Exchange on Wall Street in Lower Manhattan in New York as of August 11, 2015. Photo: SCMP