SHANGHAI, Feb 3 (Reuters) - China will launch
market-making business on its exchange bond market from Feb. 6
to improve the market's functions, China's securities regulator
said on Friday.
The move can reduce bond issuance costs and improve bond
pricing efficiency, the China Securities Regulatory Commission
said in a statement.
The Shanghai Stock Exchange said in a separate statement
that the first batch of market makers include Essence
Securities, Orient Securities and ten other
brokerage firms.
(Reporting by Shanghai Newsroom)
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