--- title: "Citigroup CEO: Foreign capital shows strong interest in China, Citigroup's business in China is growing rapidly" type: "News" locale: "en" url: "https://longbridge.com/en/news/265840809.md" description: "Citigroup CEO Jane Fraser stated that foreign capital has shown strong interest in China, and Citigroup's business in China is growing rapidly. Despite exiting the retail banking business in China and cutting staff, Citigroup is focused on serving Chinese companies seeking overseas expansion and clients with cross-border needs. This year, Citigroup has raised over $250 billion for global clients, including nearly $30 billion for Chinese clients. Strong demand for equity and bond issuance in Asia is expected, with Hong Kong, mainland China, and India leading trading activities" datetime: "2025-11-14T03:35:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/265840809.md) - [en](https://longbridge.com/en/news/265840809.md) - [zh-HK](https://longbridge.com/zh-HK/news/265840809.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265840809.md) | [繁體中文](https://longbridge.com/zh-HK/news/265840809.md) # Citigroup CEO: Foreign capital shows strong interest in China, Citigroup's business in China is growing rapidly Citigroup (C.US) CEO Jane Fraser stated that as investors and companies show strong interest in China again, Citigroup's business in China is growing rapidly. Meanwhile, Chinese companies and investors are also paying more attention to overseas markets. In recent years, Citigroup has exited retail banking operations in places like China and India, while also cutting about 3,500 technology staff in China. Fraser emphasized that the company is not shrinking its operations but is actively capturing market share, focusing on serving Chinese companies seeking overseas expansion and clients with cross-border needs. Data provided by Citigroup shows that so far this year, the bank has raised over $250 billion for clients in global capital markets, including nearly $30 billion for Chinese clients. Citigroup expects strong demand for equity and bond issuance in the Asia region, with Hong Kong, mainland China, and India leading trading activities, and the scale of IPOs in India could reach up to $20 billion in the next 12 months ### Related Stocks - [Citigroup Inc. (C.US)](https://longbridge.com/en/quote/C.US.md) ## Related News & Research - [MOVES-Citi appoints two new co-chiefs for infrastructure financing division](https://longbridge.com/en/news/280247579.md) - [Citibank to keep most UAE branches closed indefinitely due to Iran war](https://longbridge.com/en/news/279217121.md) - [5 Simple ETFs to Buy With $1,000 and Hold for a Lifetime](https://longbridge.com/en/news/281345615.md) - [Warren Buffett Admits He Sold Apple Too Early, Eyes Future Buying But Not Yet](https://longbridge.com/en/news/281336451.md) - [BUZZ-Rosenblatt says finding partner for Snap's smart glasses unit tough](https://longbridge.com/en/news/281357569.md)