JPMorgan Inches Closer to Taking 71% of China Securities JV
"The potential transaction could take the U.S. bank's stake from 51% to 71% as it edges closer to full ownership of a securities entity in China at a time when geopolitical relations between the United States and China remain fragile.
"A JPMorgan spokesman declined to comment on the likely sale."
https://www.nytimes.com/reuters/2020/09/03/business/03reuters-china-securities-jpmorgan.html