The Zhitong Finance App learned that on October 23, the Securities Regulatory Commission approved the establishment of Citigroup Securities (China) Co., Ltd. Citigroup's registered place of registration in China is Shanghai, with a registered capital of RMB 1.2 billion. Its business scope is securities brokerage, securities investment consulting, securities underwriting and sponsorship, and securities self-management. 100% owned by Citigroup Global Financial Holdings Limited.

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