Japan’s Mizuho Applies to Set Up Securities Company in China

Mizuho Bank’s signboard is pictured in Tokyo, Japan, January 25, 2017. Picture taken January 25, 2017.
13:24 JST, November 23, 2023
BEIJING (Reuters) – Japanese bank Mizuho has sought to establish a securities company in China, becoming the latest foreign firm to make an inroad into China’s onshore securities market with a fully-owned entity.
The China Securities Regulatory Commission has received Mizuho Securities’ application, according to a filing record issued on Wednesday from the regulator’s website.
Citigroup C.N and Standard Chartered STAN.L are also in the process of establishing securities units in China after Beijing allowed wholly-owned foreign securities companies in 2019.
"News Services" POPULAR ARTICLE
-
Social Media Helps Fuel Growing ‘Sex Tourism’ in Japan
-
BREAKING NEWS: Pope Francis Has Died, The Vatican Camerlengo, Announces (UPDATE 2)
-
US Treasury Secretary Says Trade War with China Is Not ‘Sustainable’
-
India Says It Attacked Pakistan, Pakistani Kashmir
-
Putin Declares 3-Day May Ceasefire to Mark 80 Years Since World War Two Victory
JN ACCESS RANKING