CITIC Securities Company said that its wholly-owned subsidiary, CITIC Securities International Company Limited (CSI), has been granted the qualification as a RMB Qualified Foreign Institutional Investor (RQFII) by the China Securities Regulatory Commission.
Pursuant to the qualification approval, CSI will launch its RQFII business through its subsidiary, CITIC Securities International Investment Management (HK) Limited, which is licensed for asset management business by the Securities and Futures Commission of Hong Kong.