Introduction to CLSA

Lyon's largest single shareholder was originally Credit Lyonnais of France, and later Lyon Group merged with Credit Agricole of France in 2003. Since then, CLSA has become a branch of the investment bank of Agricultural Credit Group in the Asia-Pacific region. The controlling stake of CLSA is held by key employees, which enables the company to maintain its independent status and operation.

On June 1 1, domestic brokerage CITIC Securities officially announced that it had acquired a 9.9% stake in CLSA/KLOC-0 through its wholly-owned subsidiary CITIC Securities International Co., Ltd. for US$ 374 million. This will represent that the cooperation between domestic brokers and French Credit Agricole Group (CLSA) in building a global strategic alliance between investment banks and brokers has entered a substantive stage.