Relationship between CITIC CLSA and CITIC Securities

Acquisition relationship.

20 12 On July 20th, CITIC Securities announced that CITIC International, a wholly-owned subsidiary of CITIC Securities, would acquire 0/00% equity of CLSA/kloc, with a total consideration of12.52 million USD.

CITIC Securities International and CITIC CLSA announced the joint establishment of CITIC Securities International Capital Market, which is mainly engaged in global corporate financing and Asian capital market business, hoping to make full use of the rapid growth opportunities of China enterprises' overseas investment and overseas investors' entry into China.