Summary | Its smaller rival GF Securities raised US$3.6 billion
in April."Valuations for mainland brokerages have been under
pressure since June.But the ongoing probe on several brokerages
is a bigger damper, said Leung."The worst thing is that the
authorities are keeping the investigation results a secret.The
market has no idea how to prepare for, say, huge fines.”Six of ...
scmp.com | 09 December 2015