But considering China mainland's scandal-riddled brokerage sector, any concrete move may not come early this year before risk-management rules are finalized while only select brokerages are likely to be included at the initial stage.
But considering China mainland's scandal-riddled brokerage sector, any concrete move may not come early this year before risk-management rules are finalized while only select brokerages are likely to be included at the initial stage.
Personally I think the mainland's reaction this time has been very measured and moderate.
While the underlying prospect of the mainland financial stocks' improving profitability and the appetite of foreign institutions over mainland's financial market remains, the recent slowdown is an adjustment for the second phase of growth.
The threshold will keep about 90 percent of the mainland's 2,000-plus direct sale companies out of business, and they will have to turn to other business.
© 2020 Inspirational Stories
© 2020 Inspirational Stories