Today the editor will talk to you about two securities companies, one is CITIC Securities and the other is CITIC Construction Investment.

Both of these two securities firms are among the "Three Middle Ones and One China", and their brokerage, IB, and self-operated businesses are all doing very well.

What is the difference between CITIC Securities and CITIC Construction Investment? 1. The establishment time, registered capital, listing time, and industry status are different. CITIC Securities was established in Beijing on October 25, 1995, with a registered capital of 6,630,467,600 yuan, and was listed on the Shanghai Stock Exchange in 2003.

Listed and traded on the Hong Kong Stock Exchange in 2011, it is the first securities company in China to list A+H shares.

China Construction Investment was established on November 2, 2005, with a registered capital of 7,757 million yuan.

On December 9, 2016, CITIC Securities was listed on the Hong Kong Stock Exchange, and the company's A shares were listed on the main board of the Shanghai Stock Exchange on June 20, 2018.

2. Different business scope. CITIC Securities has a wider business scope than CITIC Construction Investment, including the securities consulting department, investment, and related finance. The main activities of CITIC Construction Investment include corporate financing, mergers and acquisitions, and securities brokerage.

3. Different affiliations. CITIC Construction Investment was formerly China Securities, and was later jointly acquired by CITIC Securities and China Construction Bank. CITIC Securities is one of the shareholders of CITIC Construction Investment.

4. The registered address and number of employees are different. CITIC Securities’ registered address is in Shenzhen City, Guangdong Province, with more than 10,000 employees. CITIC Construction Investment’s registered address is in Chaoyang District, Beijing, with about 10,000 employees.

The 5 major shareholders are different. The full name of CITIC Securities is "CITIC Securities Co., Ltd.". The major shareholder is China CITIC Co., Ltd. and the chairman (legal representative) Mr. Zhang Youjun.

The full name of China Securities Investment is "China Securities Co., Ltd.". Its major shareholder is Beijing Financial Holding Group Co., Ltd. and its chairman (legal representative) Mr. Wang Changqing.

In addition, there are many differences between CITIC Securities and CITIC Construction Investment. Their shareholding structures, shareholding ratios of major shareholders, and the company's main business strategies are all different. If you are interested, you can learn more about them.