C · News · 20261102N
China Securities Firm Expansion
CITIGROUP INC · 2026-11-02 · Importance 30 · Surprise 42 · In source text
Citi received China Securities Regulatory Commission approval to establish Citigroup Securities (China) Company Limited as a wholly owned securities firm. Headquartered in Shanghai, the firm will offer securities services and enable Citi to underwrite capital markets deals locally. The approval also gives Citi direct access to Chinese stock exchanges and expands its onshore capital markets presence.
Key facts
- Citi received approval from the China Securities Regulatory Commission to establish a wholly owned securities company in China, expanding its onshore capital markets business. source
- The new securities company will allow Citi to underwrite capital markets deals locally and provide direct access to Chinese stock exchanges. source
- Citi's new entity, Citigroup Securities (China) Company Limited, will be headquartered in Shanghai and offer various securities services. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | contingent | — | The new securities company will allow Citi to underwrite capital markets deals locally and provide direct access to Chinese stock exchanges. |