CICC is an investment bank, that is, a securities company, a state-owned holding company, while Huijin is a wholly state-owned company and a quasi-government institution.

Accept the authorization of the State Council to make equity investment in key state-owned financial enterprises; Other related businesses approved by the State Council. Market participants independently choose business projects and carry out business activities according to law; Projects that must be approved according to law shall, after being approved by the relevant departments, carry out business activities in accordance with the approved contents.

Extended data

Financial institutions controlled by central huijin include China Development Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, China Everbright Group, China Everbright Bank, hengfeng bank and China Export Credit Insurance Corporation.

China Reinsurance (Group) Co., Ltd., new china life insurance co Co., Ltd., China Yin Jian Investment Co., Ltd., china galaxy Financial Holdings Co., Ltd., Shenwan Hongyuan Group Co., Ltd., China International Capital Corporation, CITIC Jiantou Securities Co., Ltd., Jiantou CITIC Asset Management Co., Ltd., etc.

Baidu Baike-Jinzhong Investment (Group) Co., Ltd.

Baidu Baike-central huijin Investment Co., Ltd.