China Renaissance granted A-share licence

The Chinese investment bank has won regulatory approval to set up a joint venture securities company based in Shanghai.

China Renaissance granted A-share licence

China Renaissance has won regulatory approval to set up a joint venture securities company in Shanghai to develop its presence on onshore capital markets, having already firmly established its offshore credentials.

Fully licenced Huajing Securities will offer a range of services including stockbroking, IPO underwriting, proprietary trading, and wealth management, the Beijing-headquartered boutique bank said on Monday.

The aim is to provide a one-stop shop of fundraising options for Chinese companies that...

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