Small may be beautiful for investment banks in China

The future is Red, but not necessarily rosy for the big players, as China gears up to send scores more mid-caps to list in Hong Kong.
February 13, 2003

CLSA's equities boss Tim Ferdinand is a firm believer that smaller, less extravagant investment banks are well placed to profit from the opportunities available in China, while bulge bracket firms could suffer from a lack of big deals.

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