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Citi gets nod from Beijing to set up a wholly owned securities company in China

📍 Beijing, CN·🕐 6d ago·2 outlets

Citi said on Friday it has received approval from Chinese regulators to set up a wholly owned securities company in the world's second largest economy, just about one…

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✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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[Claude] Both reports cover Citi receiving Chinese regulatory approval for a wholly owned securities company, and they do not conflict.

6d ago
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Reliability
89%

Very high · How we score this

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low risk