Just this year, Chinesebrokers raised about $30 billion to grow their business.
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Some separated families also take a private route to contact their families in the North through Chinesebrokers.
3
You come, they weigh it, and you get your money right away. The arrangement has worked well for Wang and other Chinesebrokers.
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Some global investment banks and regional brokerages are strengthening their A-share research ability, either by expanding stock coverage or seeking cooperation with Chinesebrokers.