prc30 on Nostr: No question that this merger between GTJA Securities and Haitong Securities is a big ...
No question that this merger between GTJA Securities and Haitong Securities is a big deal.
The rationale, however, goes to the years-long reestablishment of centralized control in Beijing. The two broker-dealers in question are Shanghai based.
Moreover, this move is also central in aligning parties with the aim of restructuring and deleveraging the economy.
The rationale, however, goes to the years-long reestablishment of centralized control in Beijing. The two broker-dealers in question are Shanghai based.
Moreover, this move is also central in aligning parties with the aim of restructuring and deleveraging the economy.