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Beijing's top brokerages are funding offshore units as Hong Kong's capital markets activity rebounds.
HONG KONG, June 1 (Reuters) - One of the most senior bankers at the offshore unit of Citic Securities, China's largest brokerage firm, has had his licence to work in Hong Kong's equity capital markets
China's top flash memory chipmaker YMTC has begun the so-called "tutoring" process for a potential initial public offering, where a company receives formal pre-IPO guidance from an investment bank, a regulatory filing showed on Tuesday. Yangtze Memory Technologies Co (YMTC) has hired CITIC Securities, a Chinese state-owned investment bank, to guide its IPO preparation ahead of a potential stock market listing.
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