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 […]
- China
- China Investment Corporation
- China Investment Securities
- CICC
- Citigroup
- Deals
- Goldman Sachs
- Hong Kong
- IPO
- Morgan Stanley
