Now securities and Internet firms look to linkups
By Chen Jia | China Daily | Updated: 2014-02-12 07:07
Era of industry mergers and acquisitions predicted as commission rates tumble, put pressure on profits
Chinese securities companies are seeking deeper cooperation opportunities with Internet operators to win broader customer relationships and accelerate financial innovation.
The online new business model is likely to arouse a wave of mergers and acquisitions in the securities industry in 2014, analysts said.
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