JD Finance, a unit of China’s No.2 e-commerce firm JD.com, is in talks to buy a 24 percent stake worth about $1.5 billion in domestic brokerage First Capital Securities Co Ltd, people with knowledge of the matter said.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com