General view of a stock brokerage in Beijing. The Shanghai stock index was the world’s biggest loser last year. Photo: Simon Song

Chinese brokers take a collective pay cut after a miserable 2018 in the world’s worst-performing stock market

  • Average pay decreased by 21,300 yuan to 406,000 yuan last year, down 5 per cent from the previous year
  • Sun Shuming, chairman for GF Securities, saw his compensation more than halved to 18.6 million yuan, still the best-paid executive in the industry
Topic |   Banking & Finance

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General view of a stock brokerage in Beijing. The Shanghai stock index was the world’s biggest loser last year. Photo: Simon Song
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