Chinese securities brokerages lost RMB 460 billion in AUM in March

10 May 2018 | 2 minutes read

China’s securities brokerages lost RMB 460 billion of assets under management (AUM) in March, extending the sector-wide decline observed in 2017, as market regulators pressed on with bringing down leverage across the Chinese financial universe. The result brings the industry’s latest total AUM to RMB 16.1 trillion as at the end of March — a 2.8% month-on-month drop, according to the latest…

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