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Stocks

China brokerages plan Hong Kong debuts to tap mainland rebound

Hong Kong is seen as an attractive place to list shares for Chinese brokerages.

HONG KONG -- A number of Chinese securities companies have their sights set on dual listings in Hong Kong, which could help turn a return of foreign capital to China's equities market into sizable gains.

As of mid-May, three brokerages already listed in Shanghai -- China Merchants Securities, Orient Securities and Everbright Securities -- had completed applications to list on the Hong Kong stock exchange, the bourse here said. Everbright could make its debut as soon as June.

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