Credit Suisse JV becomes first Sino-foreign firm to win China brokerage approval

Credit Suisse JV becomes first Sino-foreign firm to win China brokerage approval

An investor writes on papers as he sits in front of an electronic board showing stock information at a brokerage house. REUTERS/Stringer

Credit Suisse Group AG said on Thursday that it’s investment banking joint venture in China has won approval to provide securities brokerage services, in a further sign of China’s gradual warming to foreign players in its securities industry.

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