History
History
CICC Development Milestones
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2011
2010
2009
2008
2007
2005
2004
2002
1999
1997
1995
  • CICC obtained qualifications for conducting market-making transactions in listed securities, stock index options market making business, and proprietary carbon emission permit trading business; became one of the first batch of market makers of “Swap Connect Northbound”

  • CICC completed the first batch of margin trading and securities lending transactions on the Beijing Stock Exchange as one of the first group of eligible securities firms; obtained approval for Hong Kong subsidiary to conduct pilot liquidity foreign exchange management

  • CICC HK Securities became one of the first market makers of HKD-RMB dual counter model, and kickstarted market making and brokerage services on the first day of the launch

  • CICC Japan obtained the license for foreign exchange and interest rate derivatives and officially joined the Japan Financial Futures Association

  • CICC completed the first biodiversity-themed green bond issuance by a Chinese local government in the offshore market—Hainan Provincial Government’s CHN-denominated offshore local government bond

  • CICC completed the first Italian IPO of a China-controlled company in the past 5 years—Ferretti’s Milan IPO

  • CICC bolstered the high-quality Belt and Road cooperation by completing a representative restructuring and consolidation in the global natural rubber industry that involved 3 public companies across 2 listing venues in and outside of China—Hainan Rubber’s acquisition of a controlling stake in SGX-listed HAC, a subsidiary of Sinochem International

  • CICC completed the first follow-on offering of CICC GLP Logistics REIT, which is among the first batch of follow-on offerings of C-REITs

  • CICC became the initial member of the “BRI Investment Council” of Astana International Financial Center.

  • CICC HK has officially changed name to China International Capital Corporation (International) Limited (CICC International) to further execute the internationalization strategy.

  • CICC joined the United Nations-supported Principles for Responsible Investment (UNPRI).

  • CICC UK became the first Chinese member of the SIX Swiss Exchange, the Frankfurt Stock Exchange, and the Luxembourg Stock Exchange, becoming the first cross-border global depositary receipt (GDR) converter in the world to complete the filing on the Shanghai Stock Exchange and Shenzhen Stock Exchange for Germany, British and Swiss stock markets.

  • CICC Japan obtained the Financial Advisory license, and approval for the license extension application to sell asset management products in Japan.

  • CICC HKAM received Type 1 license.

  • CICC closed the first travel retail and largest IPO in 2022 of Hong Kong—China Tourism Group Duty Free Corp.

  • CICC was invited to join the Carbon Neutral Action Alliance, which initiated by the Shanghai Environment and Energy Exchange, and served as an executive director and supervisor of its first Standing Committee. CICC also became a member of the pricing group for the Carbon Emission Index.

  • CICC established branches in Chongqing and Jiangsu provinces.

  • Japanese regulators granted CICC Japan a Type 1 Financial Instruments Business License when CICC became a Japan Securities Dealers Association member.

  • CICC was the only Chinese-funded institution to participate in the overseas bond issuance of the AIIB Sustainable Development Bond.

  • CICC was successfully listed on the main Board of the Shanghai Stock Exchange.

  • CICC Private Equity Management Co., Ltd., the second private equity fund management subsidiary of CICC, was established.

  • CICC Singapore became a member of Singapore Exchange Limited.

  • CICC HKAM launched its first CICC HKD Money Market ETF (HKD counter code 3071.HK).

  • CICC became a private fund service provider of the Asset Management Association of China.

  • CICC became a primary market maker for listed funds from the Shanghai Stock Exchange.

  • CICC was the lead manager and bookrunner for issuing USD 6 billion and EUR 4 billion sovereign bonds by China’s Ministry of Finance.

  • CICC’s first active ETF in the Hong Kong market, ICBC CICC USD Money Market ETF, was listed on Hong Kong Stock Exchange.

  • CICC was the bookrunner and underwriter of Sasseur REIT’s listing on the Singapore Exchange – the largest IPO in Singapore in 2018.

  • CICC obtained approval from the CSRC for its cross-border business, becoming the fifth domestic securities broker to receive this recognition.

  • CICC was among the first banks in China to obtain primary dealer qualifications for OTC derivatives.

  • CICC assisted China’s Ministry of Finance in completing the country’s largest USD sovereign bond issuance.

  • CICC UK became a full-license member of the London Stock Exchange and obtained a license for the Cross-border Conversion Agency of Shanghai-London Stock Connect GDR.

  • CICC completed the acquisition of a 100% equity interest in China Investment Securities Company Limited.

  • CICC completed the acquisition of LLC’s majority stake in Krane Funds Advisors.

  • CICC opened an office in San Francisco.

  • CICC Capital Management Co. and Ltd.& CICC Capital (Cayman) Limited were established.

  • CICC Wealth Management merged with China Investment Securities, significantly boosting CICC’s market coverage and capital strength and enabling the bank to build a more balanced business structure spanning both primary and secondary markets.

  • CICC Putai Investment Management Co., Ltd. was established.

  • CICC & CICC HK Securities obtained a trading qualification for the Shenzhen-Hong Kong Stock Connect.

  • CICC was successfully listed on the main board of the Hong Kong Stock Exchange.

  • CICC established CICC Fund Management Co., Ltd., the first wholly owned domestic fund company.

  • CICC obtained consent from Shanghai Stock Exchange and Shenzhen Stock Exchange to conduct a stock-based lending business.

  • CICC Hong Kong Asset Management Limited (CICC HKAM) obtained QFII qualification from the CSRC.

  • CICC was one of the first securities firms to obtain approval from the CSRC to engage in RQFII business under the pilot scheme.

  • CICC was the first securities firm to obtain approval from the CSRC to raise and manage private equity funds.

  • CICC obtained approval from the CSRC to conduct a margin financing and securities lending business.

  • CICC established China International Capital Corporation (UK) Limited (CICC UK) and obtained a license from the UK Financial Services Authority in 2010.

  • CICC obtained approval from the People's Bank of China to conduct a debt-instrument underwriting business as a lead underwriter.

  • CICC established China International Capital Corporation (Singapore) Pte. Limited (CICC Singapore) which the Monetary Authority of Singapore licensed.

  • CICC was one of the first two securities firms to obtain approval from the CSRC to conduct a private equity investment business under the pilot scheme.

  • CICC was the first securities firm to obtain a QDII qualification from the CSRC.

  • CICC established CICC US Securities, Inc. (CICC US) licensed by the US Financial Industry Regulatory Authority and regulated by the US Securities and Exchange Commission.

  • CICC was one of the earliest securities firms to engage in a wealth management business.

  • CICC was one of the first two securities firms to serve as investment managers of the assets of enterprise annuity funds from the then-Chinese Ministry of Labor and Social Security.

  • CICC was the first securities firm designated by the National Social Security Fund as an investment manager.

  • CICC was among the first sponsor institutions approved by the CSRC.

  • CICC established fixed income, commodities and currency businesses and was one of the earliest securities firms to conduct a domestic fixed income business.

  • CICC obtained approval from the China Securities Regulatory Commission (CSRC) to conduct an asset management business.

  • CICC was one of the earliest Chinese securities firms to commence a securities brokerage business in Hong Kong.

  • CICC’s first overseas subsidiary, CICC Hong Kong (CICC HK), was established, becoming the first Chinese securities firm to conduct a securities underwriting business in Hong Kong.

  • CICC completed its first overseas IPO project, China Telecom (Hong Kong) Limited (currently known as China Mobile Limited) on the Hong Kong Stock Exchange, which marked the beginning of the restructuring and overseas listings of large SOEs directly under the Chinese central government. It was also the largest IPO in Asia during 1997 and the largest IPO of China-based companies as of year-end.

  • CICC established its Research department and published its first research report for international investors.

  • China International Capital Corporation Limited (CICC) was officially established.