KM Financial Solutions | CORRECTED-UPDATE 1-Riding the ‘water buffalo’: China brokerage earnings surge on virus-fighting liquidity
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CORRECTED-UPDATE 1-Riding the ‘water buffalo’: China brokerage earnings surge on virus-fighting liquidity

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.

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