Industrials, Financials Dec 10, 2021 07:39 AM (GMT+8) · EqualOcean
At present, the development of foreign securities companies is still in its infancy. A number of institutions apply for business qualification in an orderly manner, but it is not easy to win the full license in the short term. In addition, the customer base of most foreign securities companies is generally weak, so the layout of business outlets is cautious and does not dare to run a horse to enclose the land in an all-round way. In the long run, the industry expects that foreign securities companies will focus on the layout of wealth management business, investment banking business and derivatives business, giving play to the "catfish effect".

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