HSBC finally snags China securities JV

The biggest foreign bank in China by assets has long sought a securities license in China and has lagged many of its peers. But maybe that’s no bad thing.

HSBC said on Monday that it has agreed with Shenzhen Qianhai Financial Holdings to establish a majority-owned joint venture securities company based in Qianhai, Shenzhen, in China’s Guangdong province.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media