09 Apr China’s stockbrokers see salaries slashed for second year amid slumping market, crackdown on flashy finance executives
The pay cuts among the top 10 brokerages ranged from 1.2 per cent to 27 per cent, with Shanghai-based Shenwan Hongyuan Group slashing salaries the most, the data shows. The average salary at Citic Securities, the biggest of the firms by revenue, dropped by 5.3...