China International Capital Corporation
Coverage of China International Capital Corporation in the Nexus archive.
- Cross-border investment still ‘robust’ despite China’s growing controls: CICC
China International Capital Corporation (CICC) reports that demand for cross-border investments remains robust despite Beijing’s increased scrutiny of overseas portfolio investments and tax practices. The long-term impact of these policies will require close monitoring, according to Qiao Bo, head of investment products and solutions at CICC.
- Chinese funds cut Hong Kong stock holdings to 2-year low despite strong southbound flow
Chinese mutual funds reduced their Hong Kong stock holdings via the southbound Stock Connect to a two-year low in the second quarter of 2024, with the share of Hong Kong stocks in their portfolios falling to 23.3%, according to a report by China International Capital Corporation. Despite a significant southbound capital flow during the same period, the holdings declined compared to the 23.9% recorded two years earlier.
- Chinese robot maker AgiBot pursues Hong Kong IPO, hiring 3 sponsors: sources
Chinese robot maker AgiBot is pursuing a Hong Kong IPO and has hired Citic Securities, China International Capital Corporation (CICC), and Morgan Stanley as joint sponsors. The company recently restructured from a limited liability company to a joint-stock limited firm.
- Chinese banks surge ahead amid Hong Kong’s IPO wave, challenging global giants
Chinese investment banks are leading Hong Kong’s IPO market driven by technology firms, with China International Capital Corporation (CICC) ranked top. Beijing aims to establish a domestic counterpart to Goldman Sachs.