Although China Merchants Bank and China Merchants Securities have similar names, they are actually two different companies. China Merchants Bank is a financial institution mainly engaged in banking business. Established in 1987 and headquartered in Shenzhen, China. China Merchants Bank is the first joint-stock commercial bank wholly owned by an enterprise as a legal person in China, and it is also the first pilot bank to promote banking reform from outside the system.

China Merchants Securities is a financial institution mainly engaged in securities business, established in 199 1 and headquartered in Shenzhen, China. China Merchants Securities is one of the earliest securities companies in China. After years of development, it has become one of the securities companies with the strongest comprehensive competitiveness in China securities industry.

Although China Merchants Bank and China Merchants Securities belong to China Merchants Group, the two companies operate independently in different financial fields, and each has its own business scope and business objectives. Therefore, China Merchants Bank and China Merchants Securities are not directly related.