Mizuho Securities has taken steps to establish a securities company in China, having officially filed an application to the China Securities Regulatory Commission (CSRC).
If authorised, Mizuho is set to leverage its presence in the region which includes several offices.
The firm will provide services and solutions across high added value funds raising and management, centring on bonds. These will be available to issuers and investors both within and outside of China.
The capital markets in China are the world’s third largest fee pool, with further investment in the region and market expansion expected across the industry, asserted Mizuho.
Read more: Celebrating International Women’s Day with… Mizuho’s Lu Fu
According to the firm, “through the new securities company in China, Mizuho will contribute to the further development of the Chinese capital markets and provide even stronger support for clients’ China and renminbi-related business”.