Haitong Kicks Off Wave Of Cross-Border Brokerage Ties
Doug Young - at Seeking Alpha - Tue Dec 09, 3:58PM CST
Bottom line: Haitong's purchase of a Portuguese investment bank marks the start of a new wave of cross-border tie-ups in the financial services sector, which could fuel a rally in stocks of Chinese brokerages. A new wave of Sino-foreign tie-ups in...