JPMorgan Applied for 100% in China Securities Venture, Leung Says

Jun.02 -- Mark Leung, chief executive officer for China at JPMorgan Chase & Co., discusses the bank's strategy for the world's second-largest economy. JPMorgan in November already boosted its stake in the securities venture in China to 71%, and obtained approval to take full ownership of a futures venture prior to that. Leung speaks on the sidelines of the JPMorgan Global China Summit with Stephen Engle on "Bloomberg Markets: Asia."