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Citic to set up joint venture with Credit Agricole

Beijing-based Citic Securities has entered a strategic partnership with Credit Agricole. Citic Securities will cooperate with Credit Agricole and its subsidiary Banque Indosuez (China), Credit Agricole Cheuvreux, Credit Agricole Securities (USA) and CLSA to set up a global stock brokerage and derivatives business platform with Banque Indosuez (China). The Citic Securities board unanimously voted yes to the proposal on April…

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