In China, Trading Begins on WeChat

In China, bankers and traders don’t just hit the phones or send an email when they have a deal to sell. They take to WeChat. Regulators elsewhere may be clamping down on the financial industry’s use of private messaging apps, but in the world’s second-largest economy the practice is flourishing. Players in China’s $11 trillion bond market use personal accounts on WeChat … https://bloom.bg/2zt1OMj

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