上海金融市场将进一步对外国投行开放   2016-09-23

 

SHANGHAI will open up its financial market further to foreign investment banks.

To leverage the financial liberalization policies of free trade zone, Shanghai will allow foreign financial institutions to establish joint-venture securities companies with domestic firms beyond brokerage firms, Shi Haining, director of Financial Services Bureau of the Pudong New Area said yesterday, without providing a timeframe.

Currently, foreign investment banks are allowed to partner with more than 100 local brokerage companies.

 

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