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HSBC China securities JV to quadruple China research coverage

Reuters  |  HONG KONG 

By Sumeet Chatterjee and Jennifer HughesHONG KONG (Reuters) - HSBC plans to quadruple the number of mainland Chinese companies covered by research from its China joint venture over the next two years as it seeks to take advantage of its headstart as the first international bank to have majority control of its mainland securities firm. Shenzhen-based HSBC Qianhai Securities, run in conjunction with a local government investment vehicle holding 49 percent, began operating a year ago offering equity and debt underwriting, research and broking as well as M&A advice and investment advisory ...

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First Published: Wed, December 05 2018. 04:48 IST