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HSBC plans India equity broking return after 13 years amid IPO boom, sources say
Source: reuters.com
Emerging MarketsBanking & LiquidityCompany Fundamentals
HSBC is re-entering India’s equity broking market after more than a decade, targeting a strong pipeline of share sales and growing wealthy-client demand for equity products. The move signals the bank’s increased confidence in Indian capital-markets activity, though the immediate market impact is likely limited to competitive dynamics in local brokerage and wealth management.
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