China's securities regulators reportedly start their review of Morgan Stanley's (MS) plan to...

|About: Morgan Stanley (MS)|By:, SA News Editor

China's securities regulators reportedly start their review of Morgan Stanley's (MS) plan to sell its roughly $1B stake in CICC. If all goes smoothly, Morgan could sell its stake within three months, paving the way for other JVs, including a possible investment with China Fortune Securities Co.