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China’s Weak Economy Fuels Securities Industry Cleanup

Details: Staff; 10 April 2024

News

Previous Article Fitch Downgrades China to Negative on Rising Public Finance Risks
Next Article Xi Instructing Central Bank to Restart Treasury-Bond Trade Will Lead to Ruling Crisis: Economist

During the first quarter of 2024, a large number of senior executives exited China’s major securities firms culminating in widespread workforce reductions and salary cuts. Notably, industry leader CITIC Securities experienced a substantial dip in compensation
Read more https://www.theepochtimes.com/china/chinas-weak-economy-fuels-securities-industry-cleanup-5626232

Previous Article Fitch Downgrades China to Negative on Rising Public Finance Risks
Next Article Xi Instructing Central Bank to Restart Treasury-Bond Trade Will Lead to Ruling Crisis: Economist

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