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Brokers pledge US$7.65 bn to support private firms

So far, 42 securities brokers have pledged to invest 52.75 billion yuan (US$7.65 billion) to launch asset management plans to help private enterprises ease their financing difficulties, The Paper reported. As of Dec 14, 28 brokers have set up 31 asset management plans and three sub-plans, with a total investment of 41.71 billion yuan. Among […]

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