The Impact of the Bankruptcy of Credit Suisse on ICBC Credit Suisse Fund

Have an impact. ICBC Credit Suisse is the first joint venture fund management company directly sponsored and controlled by banks in China. The shareholders of the company are Industrial and Commercial Bank of China (80%) and Credit Suisse (20%), with a registered capital of 200 million yuan. The bankruptcy of Credit Suisse has an impact on ICBC Credit Suisse, and the overall operation of ICBC Credit Suisse is not affected by Credit Suisse Group. At most, it will be renamed ICBC Fund, but it is still necessary to guard against malicious attacks from Wall Street.