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What are the Sino-foreign joint venture banks?
The Hongkong and Shanghai Banking Corporation of China, Standard Chartered Bank of China and Citibank of China.

1. Hongkong and Shanghai Banking Corporation of China: The full name of Hongkong and Shanghai Banking Corporation of China is HSBC. Is a foreign-funded bank and financial service institution, which was founded in Hongkong, China on March 1865 by Scottish Thomas Shodran. The bank is a subsidiary of HSBC Holdings Limited, a founding member of the British HSBC Group and a flagship bank in the Asia-Pacific region.

2. Standard Chartered Bank of China: It is a leading international bank with a business network covering 60 of the most dynamic markets in the world. As one of the oldest foreign banks in China, Standard Chartered Bank has never stopped its business in China since 1858 set up its first branch in Shanghai.

3. Citibank of China: Established in 2007, it is wholly owned by its parent company, Citibank of America Limited. Citigroup China has 48 banking outlets in Shanghai, Beijing, Guangzhou, Shenzhen, Chengdu, Tianjin, Hangzhou, Dalian, Chongqing, Guiyang, Nanjing, Changsha and Wuxi.