CORRECTED-UPDATE 1-Riding the ‘water buffalo’: China brokerage earnings surge on virus-fighting liquidity
China-listed
brokerages reported a jump in February earnings as their trading
and underwriting businesses benefited from Beijing’s monetary
easing and relaxed financing rules aimed at softening the
economic blow from the coronavirus.
brokerages reported a jump in February earnings as their trading
and underwriting businesses benefited from Beijing’s monetary
easing and relaxed financing rules aimed at softening the
economic blow from the coronavirus.
Posted by Reuters
