Stimulated by this news, brokerage stocks soared group. Among them, CITIC Securities and Haitong Securities trading of the two remaining brokerage shares also rose more than 9%.

Fuxing major trading business department of the list of the business department can also buy-sell, that is, as long as they are CITIC Wantong customers could choose to use.

In the case of Bear Stearns, Citic narrowly avoided getting burnt in part because of the long and laborious approval process imposed by Chinese regulators who were yet to sign off on the deal.