When the world’s second-biggest economy is two-fifths the size of the biggest one, but has a securities industry a fifth the size relative to its economy, one easy conclusion is that brokerage opportunities abound in China. On that basis, the $1.4bn initial offering of China Galaxy Securities – the country’s biggest securities broker by sales – should be a winner. But that number one spot comes with just 5 per cent of the market, which says more about actual industry conditions than all the numbers about the potential.
作為世界第二大經濟體，中國的經濟規模已達到第一大經濟體的五分之二。但中國證券業規模僅是其經濟規模的五分之一。這很容易讓人得出一個結論：中國證券經紀行業有巨大的發展空間。考慮到這一點，中國銀河證券(China Galaxy Securities)14億美元的首次公開發行，應該會大獲成功。不過這家中國最大券商（以銷售額計）卻只擁有5%的市場份額。比起各種關于行業潛力的數據，這一數字更能說明該行業的實際狀況。
您已閱讀28%（727字），剩余72%（1856字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。