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Chinese Brokerages to Merge, Creating a $228 Billion Entity

Sunday, January 26th, 2025

 Efforts to consolidate China’s financial-services sector took a big step forward as two of the country’s largest state-backed brokerages agreed to combine to create a giant with about $228 billion in assets. Efforts to consolidate China’s financial-services sector took a big step forward as two of the country’s largest state-backed brokerages agreed to combine to create a giant with about $228 billion in assets.

​WSJ.com: Markets

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