The four major investment banks in China generally refer to CICC, China Merchants Securities, Guosen Securities and Haitong Securities.
investment bank is the product of the development of securities and joint-stock company system at a specific stage, and it is also an important subject of developed securities market and mature financial system, which plays an important role in communicating funds and promoting industrial concentration in modern social economy.
1. CICC: The full name of the company is China International Capital Corporation Limited, which is the first Sino-foreign joint venture investment bank in China. It was established in 1995 with a registered capital of US$ 225 million and its headquarters was established in Beijing.
It has a branch in Shanghai and securities business departments in 15 cities including Beijing, Shanghai and Shenzhen. By mid-July, 27, the company had completed the accumulated equity financing of about 14.12 billion US dollars. 2. China Merchants Securities: China Merchants Securities was established in 1991 and headquartered in Shenzhen. By the end of 23, the registered capital of the company had reached 1 billion yuan, and 96 halls of hell were opened in more than 6 cities across the country. It was the first member of our national stock exchange, the first member of the national interbank market, and the first group of brokers with self-employment, online trading and asset business qualifications. 3. Guosen Securities: The registered capital of Guosen Securities is 7 billion yuan. As of December 31, 29, the company's total assets reached 74.96 billion yuan and its net assets reached 14.95 billion yuan. 4. Haitong Securities: Haitong Securities was established in 1988 with a registered capital of 1 million yuan and registered in Shanghai. It is one of the earliest securities companies with the strongest comprehensive strength in our country, and it was also restructured into a joint-stock company at the end of 21.
Extended information:
Investment banking is a service industry whose main business is to provide professional services in capital and capital operation, and it is an important part of the national financial system. The main body of investment banking is an intermediary institution that provides professional services in capital and capital operation. The object of its operation is long-term capital and enterprise property rights expressed as monetary assets, and its operating environment is the capital market.
professional intermediaries in investment banking link the demanders of long-term capital with investors and provide professional services, including arranging equity and debt financing, recommending and arranging public listing of securities, underwriting securities, investment consulting, portfolio management, asset management, creation and trading of risk control tools, etc.
institutions in the investment banking industry also provide professional services for capital operation of enterprises, including financial consultants for asset restructuring, financial consultants for mergers and acquisitions and financing arrangements, and assist institutions in formulating anti-merger strategies.
In a broad sense, investment banking is a relatively open and vague industry category, unlike banking, insurance, trust and fund industries, which have obvious industry boundaries. All professional institutions that provide intermediary services in capital trading and capital operation should be included in this industry.
Baidu Encyclopedia-China Investment Bank