The largest Chinese brokers, including Citic and Haitong, have also stepped up efforts to secure a foothold in overseas markets such as Hong Kong. Photo: Reuters

Top Chinese brokerages way ahead of rivals at home, but global powerhouse status remains a distant dream

Companies such as Citic Securities have surged on a 6.6pc gain by the A-share benchmark but they are no match for the Morgan Stanleys of the world

Topic |   Banking & Finance

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The largest Chinese brokers, including Citic and Haitong, have also stepped up efforts to secure a foothold in overseas markets such as Hong Kong. Photo: Reuters
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