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According to reports, the central bank and the securities regulator will November 2 hold a meeting in the morning to study and promote the use of tools supporting the capital market.
The CSRC approved the establishment of Citigroup Securities (China) Co., Ltd., registered in Shanghai, with registered capital of 1200000000 yuan CNY, wholly owned by Citigroup Global Financial Holdings Limited. The approved businesses include securities brokerage, investment consulting, underwriting and sponsorship, and proprietary trading.