摘要
Zurich firm gains only a minority share but management role in Beijing Securities, leading to an industry first in China Zurich-based UBS is poised to swallow up-then manage-a longstanding Chinese securities company, making it the first foreign investment firm to do this. On September 1, Beijing Securities applied to the China Securities Regulatory Commission (CSRC), the industry's supervisory body, to close its 27 operating branches and one service center. That indicated UBS
