China International Capital Corp
Encyclopedia
China International Capital Corporation (CICC; 中国国际金融有限公司) is one of China
's largest investment banking
and research services companies. The founding shareholders of CICC are: China Jianyin Investment Limited, Morgan Stanley, China National Investment and Guaranty Co. , Ltd. (CNIGC), Government of Singapore Investment Corporation (GIC), and the Mingly Corporation. The company offers fund managers and corporate client
s corporate restructuring
and mergers and acquisitions
advisory
; securities and brokerage; underwriting
; asset management; sponsoring and fund management; and inter-bank lending and borrowing services. Its research department focuses on fundamental analysis
, industry cycles, and corporate earnings on the prices of stocks
and bonds
.
CICC was founded in 1995 and is headquartered in Beijing
, China. It has offices in Shanghai
and Hong Kong
. David X. Li
is the head of the risk management
department. At the 2008 ALB China Law Awards, CICC was crowned: Deal of the Year - Energy & Resources Deal of the Year.
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
's largest investment banking
Investment banking
An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...
and research services companies. The founding shareholders of CICC are: China Jianyin Investment Limited, Morgan Stanley, China National Investment and Guaranty Co. , Ltd. (CNIGC), Government of Singapore Investment Corporation (GIC), and the Mingly Corporation. The company offers fund managers and corporate client
Client
Client may refer to:* Customer, someone who purchases or hires something from someone else* Client , software that accesses a remote service on another computer* The client who received patronage in ancient Rome...
s corporate restructuring
Restructuring
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs...
and mergers and acquisitions
Mergers and acquisitions
Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...
advisory
Financial adviser
A financial adviser, is a professional who renders financial services to individuals, businesses and governments. This can involve investment advice, which may include pension planning, and/or advice on life insurance and other insurances such as income protection insurance, critical illness...
; securities and brokerage; underwriting
Underwriting
Underwriting refers to the process that a large financial service provider uses to assess the eligibility of a customer to receive their products . The name derives from the Lloyd's of London insurance market...
; asset management; sponsoring and fund management; and inter-bank lending and borrowing services. Its research department focuses on fundamental analysis
Fundamental analysis
Fundamental analysis of a business involves analyzing its financial statements and health, its management and competitive advantages, and its competitors and markets. When applied to futures and forex, it focuses on the overall state of the economy, interest rates, production, earnings, and...
, industry cycles, and corporate earnings on the prices of stocks
Stocks
Stocks are devices used in the medieval and colonial American times as a form of physical punishment involving public humiliation. The stocks partially immobilized its victims and they were often exposed in a public place such as the site of a market to the scorn of those who passed by...
and bonds
Bond (finance)
In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest to use and/or to repay the principal at a later date, termed maturity...
.
CICC was founded in 1995 and is headquartered in Beijing
Beijing
Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...
, China. It has offices in Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...
and Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
. David X. Li
David X. Li
David X. Li is a quantitative analyst and a qualified actuary who in the early 2000s pioneered the use of Gaussian copula models for the pricing of collateralized debt obligations...
is the head of the risk management
Risk management
Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities...
department. At the 2008 ALB China Law Awards, CICC was crowned: Deal of the Year - Energy & Resources Deal of the Year.
See also
- Shanghai International GroupShanghai International GroupShanghai International Group headquartered in Jiujiang Road, Huangpu District, Shanghai and founded in May 2000 by the Shanghai Municipal government.-History:...
- Private equity in China
- Economy of the People's Republic of ChinaEconomy of the People's Republic of ChinaThe People's Republic of China ranks since 2010 as the world's second largest economy after the United States. It has been the world's fastest-growing major economy, with consistent growth rates of around 10% over the past 30 years. China is also the largest exporter and second largest importer of...
- Chinese financial systemChinese financial systemChina's financial system is highly regulated and has recently begun to expand rapidly as monetary policy becomes integral to its overall economic policy...
- Banking in ChinaBanking in ChinaChina's banking system has undergone significant changes in the last two decades: banks are now functioning more like banks than before. Nevertheless, China's banking industry has remained in the government's hands even though banks have gained more autonomy...