China has been targeting cross-border internet brokerage firms in a regulatory storm. Those firms could be accused of illegal financial business if they provide overseas securities investment services to Chinese clients, according to a high-ranking financial official. On Oct. 24, Sun Tianqi, director of the Bureau of Financial Stability of China’s Central Bank, said at…
China’s Regulatory Storm Targets Cross-Border Internet Brokerages
November 3, 2021
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capital outflowChinaChina Business & EconomyChina's regulatoryChinese financial marketInternet Brokerages
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