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Chinese Securities Regulatory Commission approves first Chinese foreign brokerage company investing in UBS – Wall Street




China's Securities Regulatory Commission Approves First Chinese Brokerage Firm Under Foreign Control to Spend UBS on Wall Street

The Securities Regulatory Commission of China announced that it has approved UBS AG to increase its stake in UBS Securities Co., Ltd. to 51% and approved by UBS Securities Co., Ltd. to change the real manager. After the "Governing Measures for Foreign Investments" was issued, it is …


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