亚洲色怡人综合网站,国产性夜夜春夜夜爽,久久97AV综合,国产色视频一区二区三区

Economy

Markets

Industries

Insights

Reports

Events

German bank gains access to Chinese capital market

By Bi Xiaoning (chinadaily.com.cn)
Updated: 2009-01-06 15:35

Zhong De Securities, a joint venture between Deutsche Bank of Germany and Shanxi Securities, said on Jan 6 that it has won China Securities Regulatory Commission's approval to trade in the domestic capital market.

Deutsche Bank owns a 33.3 percent stake in Zhong De through a China subsidiary. The remaining shares in Zhong De are held by Shanxi Securities.

Zhong De has said that its business will focus on the underwriting of Chinese company shares and debts.

Other Western financial institutions that have joint venture affiliates on the mainland include UBS, Goldman Sachs, Morgan Stanley and Credit Suisse.