Revving Up Policies Amid Economic Slowdown
The ongoing pandemic has plunged the global economy into uncertainty, with significant declines in consumption, industrial output, and investment rates. This downturn is accompanied by a noticeable in...
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Decline in Brokerage ROE Elasticity
The valuation levels of brokerages show a clear correlation with their profitability. In recent years, as the profitability of traditional brokerage services has declined, the business models of these...
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