The pace of consolidation in China’s brokerage industry is gathering pace amid Beijing’s drive to cultivate world-class investment banks that can match global giants in size and scope. Western Securities, …
Chinese brokerage Guolian Securities jumped by the most in almost four years in Hong Kong trading after unveiling a plan to acquire a majority stake in a smaller rival, foreshadowing …
Sichuan Baicha Baidao Industrial, which owns and operates a chain of bubble-tea shops in mainland China, tanked on its first day of trading in Hong Kong, as investors shunned the …