The China Securities Regulatory Commission has approved Wall Street giants Morgan Stanley (China) Co., Ltd. (China) Co., Ltd. in Beijing.

The official website of the China Securities Regulatory Commission released the above news on Friday (May 26).Improve the quality of the futures market and serve the high -quality development of the real economy.

According to the Daily Economic News report, this means that the second foreign -owned futures company in China is landing.

Earlier, the China Securities Regulatory Commission approved the application of Morgan Chase Futures Co., Ltd. in June 2020. After the change, Morgan Datong Brokers (Hong Kong) Co., Ltd. will hold 100 % of the company's equity.JPMorgan Chase Futures became the first foreign -funded futures company in China.