On April 3rd, it was reported that "several major shareholders of securities firms are planning to change recently, and a new wave of mergers and acquisitions in the securities industry may be coming." A veteran of the securities industry who has been working for more than ten years recently said. Industry insiders have stated that in the past five years, there have been at least one mergers and acquisitions in the same industry each year. After the China Securities Regulatory Commission encoura...