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China mulls over opening up its securities market further

Local firms unfazed by prospect of competition from foreign banks

Published Mon, May 11, 2015 · 09:50 PM

Hong Kong

AS China considers whether to grant foreign investment banks greater access to its securities market, their biggest local competitor is undaunted.

"It's quite obvious who are the winners," Zhang Jian, who oversees Citic Securities Co's mergers advisory business, said in an April interview. "I'm not concerned at all."

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