Citi(US:C) Shang Hai Zheng Quan Bao·2025-07-04 19:00Group 1 - Citi's International Business President, Ernesto Torres Cantú, expresses confidence in the Chinese market, highlighting its vibrant development and potential during his recent visit to Shanghai [3] - The surge of Chinese companies going global aligns with Citi's vision to be an excellent banking partner for enterprises with cross-border needs, as evidenced by the popularity of brands like TikTok and electric vehicles [4] - Citi operates in over 180 countries and regions, with a 123-year history in China, aiming to assist Chinese companies in their international expansion and connection to global capital markets [4] Group 2 - Citi's outlook on the Chinese economy remains positive, with expectations for growth to exceed the global average in the next two years, driven by a stable real estate market and effective policy support for domestic demand [5] - Changes in consumer attitudes among younger generations in China are anticipated to contribute to the growth of the domestic market, as they are more willing to spend compared to their parents [5] - Despite recent global strategic adjustments leading to a reduction of approximately 3,500 technical staff in Shanghai and Dalian, Citi remains committed to its corporate and institutional client business in China [6] Group 3 - Citi is seeking to establish a wholly-owned securities and futures company in China, indicating its long-term investment strategy in the market [6] - The upcoming Citi China Summit in November is expected to be more grand and significant than previous years, providing a platform for outstanding Chinese companies with global aspirations to connect with global investors [7]