Is CITIC Securities the same as CITIC Consumer Finance?
CITIC Securities and CITIC Consumer Finance are different. According to relevant information, CITIC Securities was established in June of 1995 and June of 10. It was listed on the Shanghai Stock Exchange in 2003 and on the Hong Kong Stock Exchange on 20 1 1. It is the first domestic securities company with A+H shares listed, and its business scope covers securities, funds, futures, direct investment, industrial funds and commodities. CITIC Consumer Finance Co., Ltd. is the 24th licensed consumer finance institution in China approved by China Banking and Insurance Regulatory Commission. The company was established by China CITIC Co., Ltd., CITIC Trust Co., Ltd. and Kingdee Software (China) Co., Ltd., and was officially approved to start business in June 20 19 with a registered capital of 700 million yuan, providing financial technology, intelligent risk control and deepening consumption scenarios, and committed to providing customers with high-quality and efficient consumer financial services.