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investment banks

Guosen Securities plans to buy 53% of Vanho, heeding China’s call for brokers to combine

by Anas Siddiqui
Guosen Securities plans to buy 53% of Vanho, heeding China’s call for brokers to combine

Guosen Securities plans to buy control of a smaller rival in China’s technology hub of Shenzhen, answering the government’s call to consolidate the nation’s 12 trillion yuan (US$1.68 trillion) brokerage …

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Morgan Stanley warns against chasing China stocks rally as rebound may stall

by Anas Siddiqui
Morgan Stanley warns against chasing China stocks rally as rebound may stall

Investors should exercise caution while chasing Chinese stocks, among the best performers globally last month, amid technical signs the market is in overbought territory and global fund managers have already …

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China dials up scrutiny of IPO hopefuls with on-site inspections, leaving investment bankers anguished

by Anas Siddiqui
China dials up scrutiny of IPO hopefuls with on-site inspections, leaving investment bankers anguished

The China Securities Regulatory Commission (CSRC) said last month on its website it would conduct on-site inspections on 20 per cent of IPO applicants this year, four times last year’s …

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China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt

by Anas Siddiqui
China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt

“Everyone, from the top brass to people like us in middle ranks, earn less than before,” said a credit manager with Bank of China, one of the country’s “big four” …

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China’s ‘broker butcher’ regulator to lead effort to nurture mainland competitors for Morgan Stanley, Goldman Sachs

by Anas Siddiqui
China’s ‘broker butcher’ regulator to lead effort to nurture mainland competitors for Morgan Stanley, Goldman Sachs

Now he faces an uphill battle to reshape China’s 11 trillion yuan (US$1.5 trillion) securities industry as a prescription for reversing a three-year market slump and reviving confidence among the …

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Hyundai: Hyundai plans to drive to Dalal Street for largest IPO ever: Plans listing of local arm this Diwali

by Horatio Thompson
Hyundai: Hyundai plans to drive to Dalal Street for largest IPO ever: Plans listing of local arm this Diwali

Mumbai: South Korea’s Hyundai Motor Co is evaluating a plan to list its local unit to take advantage of India’s IPO boom, said people with knowledge of the matter. The …

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IIT placements 2023: From crore-plus offers to international success, campuses witness variety of achievements

by Judith Hall
IIT placements 2023: From crore-plus offers to international success, campuses witness variety of achievements

MUMBAI: The placement season at the Indian Institutes of Technology saw the crore plus offers coming from investment banks and high frequency trading firms. International offer numbers were similar to …

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