The brokerage’s shares have risen 23 per cent in Shanghai this year, beating an 18 per cent gain on the Shanghai Composite Index. Photo: APThe brokerage’s shares have risen 23 per cent in Shanghai this year, beating an 18 per cent gain on the Shanghai Composite Index. Photo: AP
The brokerage’s shares have risen 23 per cent in Shanghai this year, beating an 18 per cent gain on the Shanghai Composite Index. Photo: AP
Business /  Banking & Finance

Central China Securities shares plunge in Shanghai and Hong Kong as asset management products face default risks

  • Shares of the brokerage caps the biggest decline in two months in Shanghai
  • Two of the brokerage’s asset-management products worth US$35 million are in danger of defaulting on payments to investors
Topic |   Financial regulation
Zhang Shidong
Zhang Shidong

Updated: 9:50pm, 12 Jul, 2019

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The brokerage’s shares have risen 23 per cent in Shanghai this year, beating an 18 per cent gain on the Shanghai Composite Index. Photo: APThe brokerage’s shares have risen 23 per cent in Shanghai this year, beating an 18 per cent gain on the Shanghai Composite Index. Photo: AP
The brokerage’s shares have risen 23 per cent in Shanghai this year, beating an 18 per cent gain on the Shanghai Composite Index. Photo: AP
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