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November 1, 2011

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MOU on venture

HANG Seng Securities Ltd, a subsidiary of Hang Seng Bank, signed a memorandum of understanding yesterday with Guangzhou Securities Co to set up a joint venture securities investment advisory company.

The joint venture, Guangzhou GuangZheng Hang Seng Securities Investment Advisory Co, marks the first application to set up a joint venture securities investment advisory company in Guangdong Province under the Supplement VI to the Chinese mainland and Hong Kong Closer Economic Partnership Arrangement.


 

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