CICC, the full name of China International Capital Corporation, is the first Sino-foreign joint venture investment bank in China. CICC was established in 1995 with a registered capital of USD 225 million. Headquartered in Beijing, it has branches in Shanghai and securities business departments in Beijing, Shanghai, Shenzhen and other cities. As of July, 2007, CICC has completed equity financing of about10465438+200 million USD, debt financing of about 265438+570 million USD and M&A projects of 80.93 billion USD.
Second, China Merchants Securities.
China Merchants Securities was established in 199 1 with its headquarters in Shenzhen. By the end of 2003, the registered capital of the company was10 billion yuan, and 96 business outlets were opened in 60 cities across the country. It is the first member of China Stock Exchange, the first approved comprehensive securities firm, the first lead underwriter, the first member of the national interbank lending market, and the first securities firm with self-management, online trading and asset management business qualifications. In August, 2007, the company was rated as Class A brokerage by China Securities Regulatory Commission.
Third, Guoxin Securities.
Guosen Securities is an AA-level securities company with a registered capital of 7 billion yuan. As of June 65438+February 3, 2009/day, the company had total assets of 74.96 billion yuan, net assets of1495 million yuan and net capital of172 million yuan.
Four. Haitong Securities
Haitong Securities was established in 1988 with a registered capital of RMB100000 yuan and its registered place is Shanghai. It is one of the earliest securities companies with the strongest comprehensive strength in China. At the end of 200 1, the whole company was restructured into a joint stock limited company.
Investment bank is a kind of financial institution corresponding to commercial bank. Non-bank financial institutions mainly engaged in securities issuance, underwriting, trading, enterprise restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses are the main financial intermediaries in the capital market. Investment banks are the names of the United States and continental Europe, Britain is called merchant banks, and China and Japan are called securities companies.
There are four main organizational forms of investment banks:
First, independent professional investment banks. There are many institutions of this type all over the world with their own business directions, such as CITIC Securities and CICC in China, Goldman Sachs and Morgan Stanley in the United States;
Second, investment banks owned by commercial banks, mainly commercial banks acquire other investment banks through mergers and acquisitions, participate in shares or set up subsidiaries to engage in investment banking business, which is very typical in Britain, Germany and other countries, such as HSBC Group and UBS Group AG AG.
Third, universal banks directly operate investment banking business, mainly in Europe. Banks are engaged in commercial banking and investment banking. Investment banks mainly have investment business.
Fourth, multinational financial companies.