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Haitong seeks new breakthroughs in asset, wealth management

China’s Haitong Securities is pushing itself to achieve new breakthroughs in its asset, wealth management and international businesses, as it believes a decline in the Chinese securities industry’s traditional revenues is now a certainty, which will require the company to change its growth focus from “rapid growth” to “high quality”. The change in Haitong’s business focus for better quality has…

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