Total pages: 52 pages
Author: KPMG
Introduction: 2008 was a challenging year, with downturns seen in stock markets worldwide. China was not immune to the downturns on stock markets worldwide during 2008. Stock trading turnover fell by 42% over the course of the year and the securities industry was particularly hard-hit, suffering a 62% dip in net profit after tax to RMB 53.7 billion.....