Possible Merger Talks, CICC and China Investment Securities

Posted on 07/04/2016


As Chinese brokerage firms gracefully mature, industry consolidation accelerates. Beijing-based China International Capital Corporation (CICC) and Shenzhen-based China Investment Securities Co. are in discussions regarding a possible merger. CICC was founded in 1995. By 2010, Morgan Stanley sold its interest in CICC. China Investment Securities is 100% owned by Central Huijin Investment Ltd., a sovereign […]

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