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China plans easing foreign holding, partner choice for securities ventures amid pressure from Western govts

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The move, if implemented, would form a key part of China's pledge to ease foreign ownership curbs and would allow banks to bolster their presence in securities business in the country.

Hong Kong

CHINA plans to allow global banks to take a stake of up to 51 per cent in their onshore securities ventures for the first time and tie up with local non-financial firms, said people familiar with the matter.

The move, if implemented, would form a key part of China's

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