CICC Co-organizes the “Kazakhstan Investor Day – B&R Initiative”
China International Capital Corporation Limited (“CICC”; stock code: 3908), Samruk Kazyna and Hong Kong Exchanges and Clearing Limited (“HKEX”) co-organized an investor seminar, “Kazakhstan Investor Day – Belt & Road Initiative” in Hong Kong on October 16, 2017. Samruk Kazyna is the sovereign wealth fund owned by the Government of the Republic of Kazakhstan with fund assets of about US$67.4 billion as at the end of 2016, the portfolio companies of which engage in the oil and gas, transport and logistics sectors and the chemical and nuclear industries, and the metals and mining, energy, machinery building and real estate sectors. Over 150 representatives and investors from Hong Kong and Kazakhstan government, Samruk Kazyna and its portfolio companies as well as Chinese corporates attended the event to learn about the latest economic development and policies in Kazakhstan and investment opportunities under the Belt & Road initiative, and discussed on topics including bilateral investments between Kazakhstan and China and introduction of private capital into Kazakhstan‘s stated owned enterprises.
At the event, Samruk Kazyna introduced its comprehensive privatization plan of Kazakhstan’s state-owned companies and assets under its management. Honorable speakers including Mr. James Lau, Secretary for Financial Services and the Treasury of HKSAR, Mr. Timur Sumeimenov, Minister of National Economy of Republic of Kazakhstan, Mr. Shakhrat Nuryshev, Extraordinary and Plenipotentiary Ambassador of the Republic of Kazakhstan to the People’s Republic of China, Mr. Umizak Shukeyev, CEO of Samruk-Kazyna and Mr. Romnesh Lamba, Co-Head of Market Development of HKEX spoke about the importance of the Belt & Road initiative to China, Kazakhstan and Hong Kong as well as the investment environment and the latest market infrastructure development in Kazakhstan and Hong Kong. In CICC’s remarks, Mr. Barry Chan, Head of Investment Banking, Hong Kong of CICC, shared the experiences from CICC’s engagements as the financial advisor of over a hundred Chinese companies, raising more than 230 billion USD in the international IPO market for these companies. It can serve as a reference for Kazakhstan’s privatization plan.
The Belt and Road Initiative has charted out new territories for international cooperation. Leveraging its profound knowledge in both domestic and overseas markets and rich experience in cross-border investment and financing as well as its outstanding professionalism, CICC is well-positioned to provide high-quality financial services for governments, institutions and enterprises of Kazakhstan and other countries along the routes, promoting the concretion of the Belt and Road Initiative.