2. Brokerage business is mainly engaged in securities and brokerage business and sells financial products on a commission basis;
3. The trading business is mainly engaged in the trading of equity products, fixed income products and derivatives, as well as market making and margin trading;
4. Asset management business includes collective asset management, directional asset management, special asset management and other investment account management;
1. Taking a comprehensive domestic securities company as the background, explain its business scope. The business scope of CITIC Securities: securities brokerage; Securities investment consulting; Financial advisers related to securities trading and securities investment activities; Securities underwriting and sponsorship; Securities self-management; Securities asset management; Securities investment funds sell on a commission basis; Providing intermediary services for futures companies; Direct investment. Securities agent trading (including domestic listed foreign shares); Acting as an agent to repay the principal and interest and pay dividends; Custody and verification of securities; Agency registration and account opening; Securities proprietary trading; Securities underwriting (including domestic listed foreign shares) (including lead underwriting); Customer asset management; Securities investment consulting (including financial consultant)
2. Development Strategy of CITIC Securities Since China joined the WTO, the pace of opening up the domestic capital market has gradually accelerated, and large foreign investment banks have begun to enter the domestic capital market. The advanced management concept and efficient management level of foreign investment banks have brought great impact to the securities industry in China.
3. At present, the institutional environment and market environment faced by securities companies have changed greatly, and the process of differentiation among brokers has also been greatly accelerated, the competition in the securities industry has become more intense, and the pace of mergers and acquisitions has accelerated. When the environment faced by enterprises has undergone important changes, only by actively adjusting the existing models and strategies to adapt to the changes can we get the opportunity to continue to survive and develop. Facing these practical problems, CITIC Securities Company must establish a new development strategy to adapt to the new competition pattern. For example, the short-term goal of CITIC Bank is to seize the opportunity of China's economic transformation, consolidate and enhance the income of wholesale banking, develop retail banking beyond the norm, and strive to become the leader of medium-sized commercial banks in assets and deposits within 3-4 years.