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Add as a preferred source on GoogleChina Approves Shanghai Brokerage With 1.2 Billion Yuan in Capital
Its approved business scope includes securities brokerage, investment consulting, underwriting and sponsorship, and proprietary trading.
The China Securities Regulatory Commission (CSRC) approved the formation of 花旗证券（中国）有限公司 in Shanghai on Friday, Oct. 23, with registered capital of 1.2 billion yuan and an approved scope spanning four securities businesses.
The firm’s business scope includes securities brokerage, securities investment consulting, securities underwriting and sponsorship, and securities proprietary trading.
花旗环球金融控股有限公司 is the firm’s shareholder, with a 100% ownership stake.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.