Six Chinese futures brokerages have been approved by China
Securities and Regulatory Commission (CSRC) to establish
branches in Hong Kong.
The firms were Green Futures, Yong'an Futures, Guangfa
Futures, Jinrui Futures, China International Futures and Nanhua
Futures, according to SinoCast China Business
Mark Ho, a director at futures brokerage firm Phillip
Commodities Hong Kong, told FO Week, "These are all
reputable domestic firms in China? but based on our
understanding, most of them are still in the process of working
out the licensing issues with Securities and Futures Commission
in Hong Kong."
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