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In Depth: China’s Securities Firms Rein In Pay Packets as Pressures Mount

By Wang Juanjuan, Xia Yining and Qing Na
2024年05月21日 19:10
The industry is being squeezed by a government campaign to cut excessive remuneration, a bearish stock market and regulatory tightening of IPOs
Hefty compensation in China’s securities industry has become increasingly controversial following the pandemic, as unemployment and income insecurity have become more significant points of concern.

Although Chinese securities firms’ pay packets are still among the highest in the country, they are now in the shadow of an industrywide pay cut, under pressure from the government to rein in excessive remuneration and hobbled by a tightened regulatory grip on IPOs amid an ailing stock market.

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