CICC's Hong Kong business strategy has achieved remarkable results: in the primary market, CICC has completed the issuance of a number of heavyweight state-owned enterprises through CICC Hong Kong, successfully launched cross-border business innovation models such as A+H, and participated in the capital transactions of local and international enterprises in Hong Kong. The scale of stock and bond issuance underwriting business is among the best. In 2020, CICC won the title of Asia Investment Bank of the Year of IFR Asia. Secondary market: CICC Port provides global institutional investors with all-round sales transactions and research services, actively participates in cross-border business, and provides relevant quality services to customers. The share of CICC port in Shanghai and Shenzhen stock markets is increasing year by year. CICC won the first place in the research team of institutional investors in Greater China and the first place in the best research on Asian currencies in China for many years. Singapore is a subsidiary of CICC Port and a holding company.