CSRC: Approved the establishment of Citigroup Securities (China) Co., Ltd.

Zhitong Finance APP has learned that on October 23, the China Securities Regulatory Commission approved the establishment of Citigroup Securities (China) Co., Ltd. Citigroup China is registered in Shanghai with a registered capital of RMB 1.2 billion, and its business scope covers securities brokerage, securities investment consulting, securities underwriting and sponsorship, and proprietary securities trading. It is 100% funded by Citigroup Global Markets Holdings Inc.