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Mizuho Securities Gains Approval for Wholly-Owned Subsidiary in China

The Japanese brokerage secures authorization from China’s securities regulator to establish full ownership operations in the country.

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Terms & Concepts
  • Wholly-Owned Subsidiary: A company whose entire equity is owned by a single parent organization, allowing full control over operations and decisions.
  • Securities Regulator: A government authority responsible for overseeing and enforcing laws related to securities markets and financial institutions.