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Boutique banks--small investment banks--are rising in China to ride on the country's booming mergers and acquisitions (M&A) market, reports the China Daily.
Serving smaller but high-growth companies, boutique investment banks specialise in giving financial advice on M&A deals, private placements and initial public offerings, says the Daily.
China eCapital, China Renaissance Partners and the Hina Group are some of the few boutique banks in China.
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