Date
23 November 2017

China Merchants Securities to form UK unit, website says

China Merchants Securities Co., Ltd. (600999.CN) said it will set up a British subsidiary, investing up to US$22 million in the unit, the Panorama Network reported Wednesday. The subsidiary will apply for clearing membership of the London Metal Exchange to expand into global capital and commodities markets, with a focus on derivatives, the report said.

– Contact HKEJ at [email protected]

EL/AC/SK

 

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