Credit Suisse seeks China trading license

Credit Suisse seeks China trading license

Credit Suisse Group AG intends to increase its capital level at its Chinese JV with Founder Securities and then apply for a stock trading permit in

China after the government eased restrictions on foreign investment banks. Credit Suisse plans to move bankers to China to gain from the higher ownership limits and the shorter wait for licenses to trade shares in Shanghai and Shenzhen, said Zhang Liping, the bank's CEO for the country.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China? 

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