How China’s Top Broker Tamed the ‘Insane Asylum’ of Hong Kong Finance

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Under Citic Securities, the once-freewheeling Hong Kong brokerage CLSA is becoming more like the state-owned enterprises that dominate China’s economy

China’s top investment bank is remaking an iconic Hong Kong brokerage in its own image, in a microcosm of how the Asian financial hub is changing.

Back in 2013, Citic Securities Co. completed a $1.2 billion takeover of CLSA Ltd., an institution known for its forthright research and glitzy investor events featuring keynote speakers such as Alan Greenspan and Bill Clinton. For years the buyer, also known as Citics, preserved CLSA’s decades-old franchise, before changing its approach.

 

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CLSA is an acronym with another acronym CITIC inside it! Inception, man.

future

The China Communist Party (CCP) murdered hundreds of free thinking HKers, some are adrift at sea this very moment to escape, some died and disposed of in the ocean near by, hanged on trees, thrown from buildings. Whole families were dragged from their home and raped them killed.

horrible

'We don't have much time left!' Chinese Whistleblower Virologist Dr. Li-Meng Yan Flees Hong Kong To Expose Secret Investigation On CCP Coronavirus 'This is about whether all humans in the world can survive', says Dr Li Meng Yan

Map path taken by Hitler for global dominance & China. After territorial agreement with Russia, China has started land sea acq based on warped historical perspective with Tibet HK SC Sea Phillipine Japan India Taiwan. Europe & World freedom at risk. Authoritarian Fascist country.

hub 中心

microcosm 缩影

Did China steal tge idea from HK

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Hongkong is ruined forever. Amen

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