CICC Awarded Tier A Lead Underwriter in China's Interbank Bond Market, Leading Peers in Inclusive Finance Capabilities
Recently, China International Capital Corporation Limited (CICC, 3908.HK / 601995.SH) was recognized as a Tier A Lead Underwriter in the 2024 Market Evaluation of Non-Financial Enterprise Debt Financing Instrument Underwriting Business, conducted by the National Association of Financial Market Institutional Investors (NAFMII). CICC achieved the highest possible comprehensive rating and was designated as one of the inaugural lead underwriters in inclusive finance , which underscores CICC’s extensive capabilities in driving high-quality development in China's bond market.
The rigorous evaluation assessed lead underwriters across multiple dimensions, including 1) market coverage, 2) business execution capabilities, and 3) compliance etc. Based on this assessment, 72 qualified institutions (26 national banks, 28 regional banks, and 18 securities firms) were classified into Tier A, B, C, and D four categories. CICC’s outstanding comprehensive performance secured its position within the interbank bond market's highest-rated cohort, making it one of only five securities firms awarded Tier A status.
Notably, the evaluation introduced a new specialized underwriter designation this year. CICC excelled in the dedicated inclusive finance assessment criteria, ranking among the top institutions for its tailored service solutions and underwriting practices that support SMEs, rural revitalisation, and broader financial inclusion initiatives. It stands as the only securities firm awarded as the lead underwriter in inclusive finance.
In the future, CICC will continue to leverage its professional bond underwriting expertise to serve the real economy better and contribute to the high-quality development of China’s bond markets.