Bloomberg

Upstart Chinese brokerage is now bigger than Credit Suisse

Stock information is displayed on an electronic board at a securities exchange house in Shanghai on Feb. 15, 2015. Foto: Bloomberg/Qilai Shen

East Money Information Co., founded by a 49-year-old former stock commentator, is one of the big winners in China's wildest stock frenzy in half a decade.

Shares in the online broker and market data provider have rocketed 78% this year, giving it a market value of more than $29 billion (200 billion yuan). That puts it among the world's biggest traded institutional brokers, making it more valuable than even Credit Suisse Group AG, according to data compiled by Bloomberg...

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