Securities and Futures Sector

J.P. Morgan and Nomura, respectively, on establishing their full-license securities joint ventures in Shanghai.
DBS Bank on its preparation and establishment of securities joint ventures in Shanghai.
Alibaba on its RMB3.5 billion acquisition of 3.25% of the shares in Huatai Securities.
A European bank on its equity step-up from 33% to 51% in its existing securities joint venture.
China Renaissance and HSBC, respectively, on establishing their full-license securities joint ventures under the CEPA regime.
Royal Bank of Scotland on its establishment of a securities joint venture with Guolian Securities and its subsequent exit.
UBS on its RMB1.7 billion investment in and restructuring of Beijing Securities, a landmark securities transaction in the China securities market.
Goldman Sachs, Citigroup Global Markets Asia, Morgan Stanley and Credit Suisse, respectively, on establishing their securities joint ventures with Chinese investors.
CLSA on its establishment, restructuring and disposal of its securities joint venture in China, the first securities joint venture eligible to apply for an upgrade of its business scope.
BNP Paribas on its exit from Changjiang-BNPP, the first foreign exit from a Sino-foreign securities joint venture established in China.
J.P. Morgan on its acquisition of a 49% stake in a PRC futures brokerage firm and related restructuring matters.
A major PRC investment bank on its acquisition of a PRC futures brokerage firm.
UBS Securities on its acquisition of a 66.7% shareholding in a PRC futures brokerage firm.