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CN Brokers Ascend as CSRC Eases Restrictions on Quality Institutions
Recommend 13 Positive 20 Negative 4 |
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Chinese brokers ascended, with HTSC (06886.HK) up 5.9%; GTHT (02611.HK) up 5.78%; CITIC SEC (06030.HK) up 3.69%; CMSC (06099.HK) up 3.36%; and CGS (06881.HK) up over 4%. Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), said that regulatory policies will focus on strengthening classified supervision, "supporting the strong and limiting the weak", appropriately loosening restrictions on quality institutions, further optimizing risk control indicators, moderately opening up capital space and leverage limits, and enhancing capital utilization efficiency. AASTOCKS Financial News Website: www.aastocks.com |
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