China Securities Regulatory said it will support domestic brokerages that find strategic partners and go public, as the sector returns to profitability more than two years after an overhaul of the troubled industry, Reuters reported. Beijing has so far only allowed foreign participation in its battered brokerage sector on a piecemeal basis, with each deal structured differently, to the frustration of global financial giants eager to tap China's $2 trillion in personal savings, said Reuters. "Support will be given to qualified securities companies to raise funds through stock initial public offerings and private placements, and to supplement their capital by introducing strategic investors," China Securities Regulatory Commission Chairman Shang Fulin said.