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Article14 Jan 2022

Citi Establishes Clearing & Settlement With New Beijing Stock Exchange

Citi Establishes Clearing & Settlement With New Beijing Stock Exchange

Citi China today announced that it had successfully established the clearing and settlement route with China Securities Depository and Clearing Corp. Ltd. (CSDCC) Beijing Branch to support clearing and settlement activities for the new Beijing Stock Exchange and the National Equities Exchange and Quotation Co., Ltd (NEEQ). This makes Citi one of the first international banks to do so for the new stock exchange and become fully equipped to support QFII trading.

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