CICC and CICC Capital
CICC’s 2017 interim report records CICC Capital as a wholly owned subsidiary established in March 2017. The profile below describes its parent, CICC, which was founded in 1995.
Since its founding in 1995, CICC has been committed to providing high-quality, value-added financial services to a diverse client base. Built on research and information technology, its business spans investment banking, equities, fixed income, asset management, private equity and wealth management.
CICC describes its service and expertise in economics, industry, law and regulation as widely recognised. Sustainable development is one of its core principles: it seeks to create long-term value for society and fulfil its corporate social responsibilities to high industry standards.
CICC successfully listed on the Main Board of the Hong Kong Stock Exchange in 2015. In 2017, CICC completed its strategic restructuring with the former China Investment Securities. The transaction significantly expanded CICC's scale, deepened coverage of large, medium-sized and small businesses, institutions and individuals, and created a more balanced business across primary and secondary markets. Tencent became a strategic investor in 2018. In 2020, CICC successfully listed on the Main Board of the Shanghai Stock Exchange.
Headquartered in Beijing, CICC has several subsidiaries in mainland China and branches in Shanghai, Shenzhen, Xiamen, Chengdu, Hangzhou and Jinan. It also has more than 200 business outlets nationwide. The company actively develops overseas markets, with offices in international financial centers including Hong Kong, New York, London, Singapore, San Francisco, Frankfurt and Tokyo.
Guided by the principle of being rooted in China and connecting the world, CICC will continue to use its broad business network and strong cross-border capabilities to provide first-class financial services and help clients achieve their strategic development goals.
From the original English profile
The English-language profile included these additional details.
The English profile identifies CICC by stock codes 601995.SH and 3908.HK and describes it as China’s first joint-venture investment bank. It highlights precedent-setting transactions and the firm’s involvement in China’s economic reforms, alongside its ambition to become a leading international investment bank in China and a major participant in global financial markets. It lists fixed income, currencies and commodities (FICC) among its businesses; the Chinese profile lists fixed income alone.