Citi China JV

Citi inks a China securities JV

Citi agrees to a joint venture with Orient Securities, moving it one step closer to being able to underwrite domestic equity and bond issues in China.

Earlier this morning in New York, Citi and Orient Securities signed a securities joint venture agreement to operate in the Chinese domestic market. The new JV will be called 东方花旗证券有限公司 in Chinese and Citi Orient Securities in English.

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