Everbright pain seen as industry gain as investors look to bright side

by admin on September 3, 2013

By Pete Sweeney SHANGHAI (Reuters) – Chinese brokerage Everbright Securities has been hit by falling shares, record fines and executive resignations following a massive trading scandal, but investors are hopeful the incident will herald better risk controls. Shares of Everbright Securities slumped 10 percent in Shanghai on Monday, their daily limit. However, shares in other mainland brokerages …

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