Chinese brokerages are in a race to raise billions of dollars in capital to meet regulatory requirements, jumping on a market upturn to bolster operations as they brace for tougher competition.
BEIJING/SHANGHAI (Reuters) - A string of small and mid-sized Chinese banks are following their larger peers and cutting deposit interest rates in the .
A string of small and mid-sized Chinese banks are following their larger peers and cutting deposit interest rates in the first broad-based move since 2015 to ease pressure on margins after. | September 29, 2022