TOKYO / WAM The Japanese government approved a plan to enhance the disaster resilience of ...
Read More »CICC acquires China Investment Securities for US$2.5 billion
Bloomberg China International Capital Corp., the bank that has brought some of the country’s biggest state-owned firms to market, agreed to buy China Investment Securities Co. to gain a foothold in the retail-brokerage business. CICC, known as the Goldman Sachs of China, will acquire the brokerage from Central Huijin Investment Ltd. for 16.7 billion yuan ($2.5 billion), the Beijing-based ...
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