
CITIC Securities is a leading investment bank and securities company in China. It was founded in 1995 as a subsidiary of CITIC Group, one of China's largest state-owned conglomerates.
The company is headquartered in Beijing and has a significant presence in major cities across China, including Shanghai and Shenzhen.
CITIC Securities provides a wide range of financial services, including investment banking, brokerage, and asset management. Its investment banking arm advises on mergers and acquisitions, initial public offerings, and other strategic transactions.
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Company Overview
CITIC Securities is a leading securities company in China, with a dual listing on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange.
The company has achieved great success, leading the industry in terms of operating income and net profit.
CITIC Securities has a strong global presence, with branch offices spanning across 13 countries worldwide.
It operates in various fields, including securities, funds, futures, foreign exchange, and commodities.
The company has earned a widespread reputation and brand advantage through its consistent performance.
CITIC Securities maintains a leading market position in each of its major businesses.
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Business Activities

CITIC Securities is a leading financial institution with a wide range of business activities.
The company offers a variety of services including securities brokerage, investment banking, and asset management.
It has a strong presence in the Chinese market, with a network of branches and subsidiaries across the country.
CITIC Securities has a long history of innovation, having been involved in some of China's most significant financial transactions.
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Listing
CITIC Securities has a significant presence in the Asian stock market. On January 6, 2003, it was listed on the Shanghai Stock Exchange (SSE) under the ticker 600030.
This listing marked a major milestone for the company. CITIC Securities has been a part of the SSE ever since.
The company expanded its reach further by listing on the Hong Kong Stock Exchange (HKEX) on October 6, 2011, under the ticker 6030.
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Acquisitions
CITIC Securities has been actively involved in acquisitions, with a notable example being the purchase of CLSA, Crédit Agricole's Asia brokerage and research unit, for $1.25 billion in July 2012.

The acquisition was a two-step process, with CITIC Securities initially buying a 19.9 percent stake for $310.3 million, followed by the purchase of the remaining 80.1 percent stake for $941.7 million.
CITIC Securities was also in talks to acquire Russell Investments, an asset management firm based in the US, in August 2015, but the discussions were suspended due to investigations into top executives by Chinese authorities.
The London Stock Exchange ultimately sold Russell Investments to TA Associates for $1.15 billion, significantly lower than the $1.8 billion offered by CITIC Securities.
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Cross-Border Investment Role
Cross-border investment plays a crucial role in facilitating international trade and economic growth.
Companies like Amazon and Alibaba have successfully expanded their operations across borders, creating new markets and opportunities for growth.
The ease of cross-border investment is influenced by factors such as tax policies and regulations, as seen in the example of the US-China trade agreement.
A well-structured investment strategy can help businesses navigate these complexities and achieve their global ambitions.
In some cases, cross-border investments can also lead to the creation of new jobs and economic opportunities, as witnessed in the growth of the Chinese economy.
However, cross-border investments also come with unique challenges, such as managing cultural differences and navigating complex regulatory frameworks.
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About Us

CITIC Securities is a Chinese investment bank and brokerage firm that is a subsidiary of CITIC Group, a state-owned investment company.
With a history dating back to 1995, CITIC Securities has grown to become one of the largest investment banks in China.
The company is headquartered in Beijing and has a presence in over 30 countries worldwide.
CITIC Securities is a leading player in the Chinese financial market, providing a wide range of services including investment banking, securities trading, and asset management.
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Awards
We're proud of our achievements and the recognition we've received from the industry. In 2011, we were awarded the "Best Equity House in China" and "Best Broker in China" by FinanceAsia.
Our research team has consistently delivered high-quality work, earning them the "Best Local Research Team" award by New Fortune for six consecutive years.
We've also been recognized for our innovative approach, being named "Most Innovative Investment Bank from Asia" by The Banker in 2011.
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Frequently Asked Questions
What does Citic stand for?
CITIC stands for China International Trust Investment Corporation, which was its original name. The abbreviation "CITIC" is retained even after the company's name was changed to CITIC Group Corporation Ltd.
Is CLSA under Citic?
Yes, CLSA is a wholly-owned subsidiary of CITIC Securities. It operates as CITIC Securities' overseas business platform.
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