Japan's Mizuho is latest to apply to set up securities company in China

Japan's Mizuho is latest to apply to set up securities company in China

Pedestrians are reflected in the logo of Mizuho Financial Group outside a Mizuho Bank Ltd branch in Tokyo, Japan. Photographer: Tomohiro Ohsumi/Bloomberg

Japan’s Mizuho Financial Group has sought to establish a securities company in China, becoming the latest foreign firm to make inroads into China’s onshore securities market with a fully-owned entity.