B · Normal
[Capital investment may exceed 50 billion yuan during the year, and securities companies are internationalizing and seizing the Middle East and Central Asia] October 13th, Chinese securities companies’ "going global" is shifting from sporadic trials to concentrated increase. The capital increase of overseas subsidiaries during the year has exceeded 50 billion yuan, and the Middle East, Central Asia and other regions have become new strategic pivots. Recently, Chinese securities companies have made frequent moves to expand their international footprint. Guolian Minsheng Securities' 2 billion yuan capital increase in its Hong Kong subsidiary officially received a no-objection reply from the China Securities Regulatory Commission, China Securities International won the Dubai International Financial Center (DIFC) license, and Guotai Junan International signed a memorandum of cooperation with the Almaty Municipal Government in Kazakhstan - a series of actions that mark the global expansion of securities companies from the Hong Kong hub to the Middle East and Central Asia. (Shanghai Securities News)
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