Radar > 232113

Renta 4 and Citigroup sign agreement for Renta 4's entry in China

Renta 4 y Citigroup firman un acuerdo para la entrada en China de Renta 4

Intel ID : 232113
Synopsis

Spain-based Renta 4 (BME: R4) and US-based Citigroup (NYSE: C) signed an agreement for Renta 4 to enter China, as published by Europa Press on 10 December 2015.

With this agreement, Renta 4 offers its integral services of execution to custody (E2C) for operations in China with type A shares through Shanghai-Hong Kong Stock Connect.

According to Renta 4's CEO, Juan Luis López, the opening of China's capital market offers a different investment opportunities to clients and taking advantage of this significant market is a logical step in a growth strategy.
(content in spanish)

La española Renta 4 (BME: R4) y la estadounidense Citigroup (NYSE: C) firman un acuerdo para la entrada en China de Renta 4, según ha reportado el diario Europa Press el 10 de diciembre de 2015.

Con este acuerdo, Renta 4 podrá ofrecer servicios integrados de ejecución y custodia (E2C) para operaciones en China con acciones tipo A a través de Shanghai-Hong Kong Stock Connect.

Según declaraciones del CEO de Renta 4, Juan Luis López, la apertura de los mercados de capitales chinos ofrece una gran cantidad de oportunidades de inversión a los clientes y aprovechar este mercado significativo es un paso lógico en la estrategia de crecimiento.

Bidder

Citigroup
United States

Intel ID 232113
Value ND
Native Currency Euro (EUR)
Financial Data - Renta 4
(31 Dec 2019)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Services and Distribution / Consultancy, Audit and Engineering
Primary Sector (TTRSC)
25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.