China Tightens Grip on Brokerage Bonuses as Recovery Ignites Pay

China’s securities regulator has instructed domestic brokerages to defer a larger portion of staff bonuses, moving to curb outsized payouts just as a recovery in markets and dealmaking sends compensation rebounding.

Apr 29, 2026 - 05:00
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China Tightens Grip on Brokerage Bonuses as Recovery Ignites Pay
China’s securities regulator has instructed domestic brokerages to defer a larger portion of staff bonuses, moving to curb outsized payouts just as a recovery in markets and dealmaking sends compensation rebounding.

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