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Market Impact: 0.15

Citi's Luet: China's Franchise Has Grown Very Strongly

Banking & LiquidityCurrency & FXRegulation & LegislationEmerging Markets

Citi says the role of the yuan has grown and is hopeful of obtaining a China securities license, signaling greater China market access. The comments are broadly supportive but appear more incremental than a concrete catalyst for near-term financial results.

Analysis

Citi says the role of the yuan has grown and is hopeful of obtaining a China securities license, signaling greater China market access. The comments are broadly supportive but appear more incremental than a concrete catalyst for near-term financial results.

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