CICC, the full name of China International Capital Corporation, is the first Sino-foreign joint venture investment bank in China. It was listed on the main board of the Hong Kong Stock Exchange on 20 15438+0654381October 9. CICC was approved by the State Council, China, and was jointly established by the People's Bank of China, the State Administration of Foreign Exchange and the China Development Bank. Therefore, although CICC is not a state-owned enterprise, it has a strong state-owned background and is often mistaken for a state-owned enterprise.