In the ranking of domestic securities firms in 2020, CICC Securities ranked 1 1 in China. 1. CIC Securities, the full name of which is China International Capital Corporation Limited, with A-share codes of 60 1995(SH) and 03908(HK), was established in 1995 and is a Sino-foreign joint venture investment bank in China. With international practices and profound knowledge, we have completed many groundbreaking transactions, established a business framework based on research and information technology, comprehensively developed investment banking, stock business, fixed income, asset management, private equity and wealth management, deeply participated in China's economic reform and development, and grew together with customers. The goal of CICC is to become a world financial institution with global influence. Extended information: 1. Securities is a term of stock economy. It is the general name of all kinds of economic rights and interests certificates, and also refers to a special product. It is a legal document used to prove that coupon holders enjoy certain rights. Securities mainly include capital security, currency securities and commodity securities. In a narrow sense, securities mainly refer to securities products in the securities market, including property market products such as stocks, debt market products such as bonds, and derivative market products such as stock futures, options and interest rate futures. 2. As a written document commending some civil rights, marketable securities have the following basic characteristics: (1) Securities are the evidence of property rights. Securities are certificates of rights with property value. Holding securities means that the holder has control over the property represented by securities, but this control is indirect rather than direct. (2) Securities are negotiable documents of rights. The vitality of securities lies in circulation. Traditional civil rights always face many obstacles in the transfer. As far as civil property rights are concerned, transfer is not indispensable in nature because it does not involve personality and identity, but transfer is a complex civil act. (3) Securities are the evidence of income-generating rights. The ultimate goal of securities holders is to obtain income, which is the direct motivation of securities holders to invest in securities. On the one hand, securities itself is a kind of property right, which embodies a specific property right, and securities holders can gain benefits by exercising this property right; On the other hand, securities holders can make profits by transferring securities. Securities holders can make profits through the price difference, especially speculative gains. (4) Securities are risky certificates of rights. The risk of securities is that investors may not get expected returns or even suffer losses due to changes in the securities market or issuers. The risk and return of securities investment are related. In the actual market, any securities investment activity is risky, and there is no investment that completely avoids risks.