China and Central Bank give Guide a boost in fight with XP

Aline Sun, a partner of Guide, whose control was bought by China's Fosun for R $ 400 million

Aline Sun, a partner of Guide, whose control was bought by China's Fosun for R $ 400 million

  |  Rafael Hupsel/Folhapress

Fosun's investment and banning the leader from buying other platforms creates a favorable scenario.

Itaú's entrance as partner of XP was favorable for all the broker firms, because it sponsored the sector. One of them, however, seems to be the most favored, even if not intentionally, by the scenario of the operation today. At the same meeting in which it evaluated the business between XP and Itaú, the Central Bank approved and allowed Chinese group Fosun to take control of its biggest competitor, Guide.

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