Mizuho Securities, a subsidiary of Mizuho Financial Group, has submitted an application to the China Securities Regulatory Commission (CSRD) to establish a securities company in China.
If authorised, the company will contribute to the continued development of Chinese capital markets and provide further support to clients around their China and renminbi-related business, it said.
The expansion would build on the existing offices and networks Mizuho has established in China. Its operations will include funds raising and management for issuers and investors in and outside China, the company stated, with bonds a central focus.
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