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Chinese Brokers Raise $12.2B in Fresh Capital

Chinese Brokers Raise $12.2B in Fresh Capital

Chinese brokerages rush to raise billions of dollars to comply with new local rules. According to Reuters, at least six publicly listed Chinese brokers, including China International Capital Corp (CICC) and Huatai Securities, are raising up to 82.5 billion yuan ($12.2 billion) in private placements or rights issues.

Last year, Chinese brokers raised... Read More

Posted: Jan 19 2023, 09:53
Author Name: financemagnates
Views: 110545

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