Daiwa Securities has reportedly hired former Credit Suisse banker Tiger Xu to lead its investment banking operations in China. This move is part of a broader strategy by the Japanese brokerage to refocus its Greater China business on cross-border mergers and acquisitions and capital markets. The article also mentions unrelated business news, including LVMH's financial results, Luckin Coffee winning a lawsuit, and Li Bin attending an event. AI
RANK_REASON The item is a news digest that includes a report on personnel changes at a financial institution, but it is not a primary source announcement and contains unrelated news items.
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