China Merchant Securities eyes top 10
spot in Hong Kong market
China Merchants Securities plans to add about 100 jobs at its Hong Kong unit this year
in a bid to become one of the top 10 investment banks in the city for equity and debt
capital market...
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China Merchant Securities eyes top 10
spot in Hong Kong market
China Merchants Securities plans to add about 100 jobs at its Hong Kong unit this year
in a bid to become one of the top 10 investment banks in the city for equity and debt
capital market business.
Wilson Wan, the chief executive of China Merchants Securities (Hong Kong), said
he aimed to double revenue at the unit in the next three years in working towards that
goal, competing with the likes of Goldman Sachs and Morgan Stanley.
Commodities futures trading will also be a focus.
"We want to be one of the top 10 in Hong Kong's equity and debt capital markets and I
believe we have the ability to do so given strong support from our parent group and
close relationship with major mainland company clients," Wan told the South China
Morning Post.
China Merchants Securities, a subsidiary of China Merchants Group, is the mainland's
sixth-largest securities house by assets.
Wan, a veteran investment banker who took the helm in Hong Ko
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