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The Nexus
BUSINESSJun 3 · 08:30 UTCSCMP WORLDKaren Tian

Jiangsu 11.5b yuan brokerage merger marks new phase of consolidation

Jiangsu's financial sector consolidation is advancing with a proposed merger between Soochow Securities and Donghai Securities, valued at 11.52 billion yuan. The deal highlights regional integration efforts in China's second-largest provincial economy.

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