China to allow higher foreign stakes in securities firms
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China to allow higher foreign stakes in securities firms

Beijing : China | Aug 24, 2012 at 1:02 PM PDT
Source: China News
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Friday announced plans to change its current rules to raise the cap for foreign stakes in joint venture securities firms to 49 percent from 33 percent...The changes are open to public opinion from Friday to September 22. The move is in line with a promise made by Chinese authorities in May to relax foreign... FULL ARTICLE AT China News
 
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