CIMB partners Beijing-based China Galaxy to set up stockbroking arm

CIMB partners Beijing-based China Galaxy to set up stockbroking arm

Tengku Dato’ Sri Zafrul Aziz, Group Chief Executive, CIMB Group (left) and Gu Weiguo, Deputy Chairman and President of China Galaxy Securities Co. Ltd (right) at the signing ceremony to mark the strategic partnership between the two parties at China Galaxy Securities headquarters, Beijing

Malaysia’s CIMB Group has joined hands with Chinese security company China Galaxy International Financial Holdings to set up a stockbroking business together, an effort by CIMB to capitalise on China-outbound M&As and other capital market activities.

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