CSRC Approves Establishment of Citigroup Securities (China) Co., Ltd.
On October 23, the China Securities Regulatory Commission approved the establishment of Citi Securities (China) Co., Ltd., registered in Shanghai with a capital of RMB 1.2 billion. The firm is wholly owned by Citi Global Financial Holdings Inc. and its business scope includes securities brokerage, investment advisory, underwriting and sponsorship, and proprietary trading.
CSRC Approves Establishment of Citigroup Securities (China) Co., Ltd.
On October 23, the China Securities Regulatory Commission (CSRC) approved the establishment of Citigroup Securities (China) Co., Ltd. The company is registered in Shanghai with a registered capital of RMB 1.2 billion and is wholly owned by Citigroup Global Financial Holdings Inc. Its business scope includes securities brokerage, securities investment consulting, securities underwriting and sponsorship, and proprietary securities trading.
Daily Economic News
Source: https://mp.weixin.qq.com/s/f_fCJUEObewqgAe5Ie7wHA
