March 29, 2019 / 8:42 AM / 24 days ago

Nomura, JPMorgan get approval to set up China brokerage JVs - regulator

SHANGHAI, March 29 (Reuters) - Nomura and JPMorgan have obtained regulatory approval to set up Chinese brokerage ventures, the securities watchdog said on Friday.

The China Securities Regulatory Commission (CSRC) told a news conference in Beijing that it would resolutely implement a national policy of further opening up its market. (Reporting by Zhang Xiaochong and John Ruwtich; Writing by Samuel Shen; Editing by Clarence Fernandez)

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