CGSI targets leading 3 brokerage area

CGSI targets leading 3 brokerage area

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Securities company moving focus to financialinvestment banking Ms Fong pointed out that last year, CGSI finished over 40 IB offers, of which the Thai group contributed 34 offers. CGS International (CGSI), China’s second-largest securities company, desires to be amongst the leading 3 securities business in Thailand by 2030, broadening its offerings and teaming up with regional and local partners. Thailand, Malaysia, Singapore and Indonesia will play a important function in CGSI doubling its earnings to S$700 million by 2030 as the area contributes about 80% of the business’s overall earnings, stated group chief executive Carol Fong. The abroad arm of China Galaxy Securities (CGS) has 2,200 staffmembers in Southeast Asia, of which 600 are in Thailand, 700 in Malaysia, 500 in Singapore and the rest in Indonesia. “We have rather a good existence in Thailand with 17 branches and we desire to grow additional,” she informed the Bangkok Post. “We desire to be a bridge inbetween Southeast Asia and China, assistingin Chinese business coming to the area, consistingof electrical automobile makers to develop their existence in Thailand.” With 45 years of experience worldwide, CGSI wentinto Thailand in late1999 In Dece
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