China's securities regulator allows Morgan Stanley to set up futures unit

China's securities regulator allows Morgan Stanley to set up futures unit

FILE PHOTO: A file photo showing the logo of Morgan Stanley is seen in New York January 9, 2013. REUTERS/Shannon Stapleton

China’s securities regulator said on Friday it had allowed Morgan Stanley to set up a China futures company in Beijing, to implement the opening-up of the country’s futures market.

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