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The Economic Times
The Economic Times

CLSA set to vanish as brand after 40 years in Asian brokerage: Report

CLSA FT Citic Asia Citic Securities Hong Kong Tokyo

Hong Kong-based CLSA, one of Asia's most recognisable brokerage brands, is set to disappear next year, more than a decade after coming under the ownership of China's Citic Securities, a report by Financial Times stated.

According to two people familiar with the matter, CLSA employees in senior positions have been informed that the firm will operate solely under the Citic name from the second quarter of 2027. Citic Securities, China's state-owned financial services giant, acquired the Hong Kong-headquartered brokerage in 2013.

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