{
  "id": 16164396,
  "title": "Citigroup gets Beijing’s approval for wholly owned securities firm in China",
  "url": "https://urgent.news/2026/10/23/citigroup-gets-beijings-approval-for-wholly-owned-securities-firm-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-23T08:23:55.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/markets/article/3371911/citigroup-gets-beijings-approval-wholly-owned-securities-firm-china"
  },
  "original_language": "en",
  "account": null,
  "summary": "US bank Citigroup has received approval to set up a wholly foreign-owned securities firm in mainland China, allowing the lender to pursue more opportunities in one of the world’s largest capital markets. The long-awaited green light was given by the China Securities Regulatory Commission on Friday, and ahead of an expected meeting between President Xi Jinping and US President Donald Trump on the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "WSJ Markets",
        "title": "Citi Gets Regulator Nod for Wholly Owned Securities Venture in China",
        "url": "https://urgent.news/2026/10/23/citi-gets-regulator-nod-for-wholly-owned-securities-venture-in-china",
        "published": "2026-10-23T09:04:00.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "EU ministers vow to tackle ’China Shock 2.0’ through talks with Beijing",
        "url": "https://urgent.news/2026/10/23/eu-ministers-vow-to-tackle-china-shock-2-0-through-talks-with-beijing",
        "published": "2026-10-23T14:43:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}