Western Securities Archives

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 …

Chinese brokerages to merge as industry heeds government’s call to consolidate

by Anas Siddiqui

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, …