# Citigroup Gets China Securities Approval

> Citigroup secures China securities license to expand services for global clients.
- Title: Citigroup Gets China Securities Approval · BigGo Finance
- Summary: Citigroup secures China securities license to expand services for global clients. Citigroup won approval to launch a 100%-owned securities subsidiary in…
- Keywords: citigroup, securities, china, shanghai, securities regulatory commission, corporate banking, finance, markets, Gets, Approval, BigGo Finance
- Source: BigGo Finance — https://finance.biggo.com/news/f02f7dc8-82a4-4627-a840-ed989f2ea635
- Author: BigGo Finance
- Published: 2026-10-23T18:26:45+00:00
- Read time: 1 min
- Topics: citigroup, securities, china, shanghai, securities regulatory commission, corporate banking, finance, markets
## Approval for Securities Subsidiary
China's securities regulator approved Citigroup's plan to establish a 100%-owned securities subsidiary in China.
## Shanghai Headquarters
Citigroup Securities China Company will be headquartered in Shanghai to provide onshore capital markets services.
## Staff Expansion Plan
Citigroup plans to nearly double its staff for the business to about 100 by the end of this year.
## CEO Statement
CEO Jane Fraser said adding onshore capabilities will broaden services for Chinese clients.

> by adding onshore capabilities to our global platform, we will be able to offer clients in China's domestic capital markets a broader range of services, including capital raising, investor access and support for local trading, as well as connections to investment opportunities around the world
## Key takeaway

Citigroup won approval to launch a 100%-owned securities subsidiary in Shanghai to provide capital markets services in China.