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The Nexus
BUSINESSJun 11 · 13:00 UTCSCMP WORLDKaren Tian

Citic Securities breaks Fitch’s rating ceiling with first ‘A’ category for Chinese brokerage

Citic Securities became the first mainland Chinese securities firm to achieve an A-category rating from Fitch Ratings. The rating agency assigned an A-minus long-term issuer default rating with a stable outlook to Citic Securities and its Hong Kong-based subsidiary, Citic Securities International.

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