Institutional Securities Equities

Established in 1997, the Equities Department (EQ) provides world class professional securities brokerage and investment advisory services to both Chinese (including the mainland and Hong Kong) and global institutional investors. With memberships of the stock exchanges of Shanghai, Shenzhen,Hong Kong and London, and syndication membership of China's government bonds in both the inter-bank market and exchange market, EQ has developed an unrivalled capability for distribution, trading and innovative solutions.

Worldwide Network

We offer high quality agency brokerage business through a dedicated team of institutional sales and trading execution professionals with an in-depth understanding of Chinese companies and capital markets.

We have built a solid and extensive business platform and network at home and abroad. Currently, we have institutional sales and trading coverage in Beijing, Shanghai, Shenzhen, Hong Kong, New York, London and Singapore, and we are actively exploring other overseas markets.

Strong Distribution Capability

As China's first domestic professional institutional sales team, we have helped issue more than twenty IPOs and ten placement deals in stocks and other securities while successfully executing many large equity financing and corporate bond projects. Milestones include the A-share IPOs of Petrochina (RMB66.8 billion), ICBC (RMB46.6 billion), China Life (RMB28.32 billion), CSCEC (RMB50.16 billion) and China Everbright Bank (RMB21.7 billion).

Leveraging these advantages, we have also successfully executed more than twenty overseas IPO deals for large Chinese SOEs. Overseas and Hong Kong milestone deals include the A+H share IPO of CITIC Bank (US$5.95 billion), the H-share IPO of China Minsheng Bank (HK$31.23 billion), the NYSE IPO of Concord Medical Services (US$132 million), the H-share IPO of Pacific Insurance (HK$27.7 billion), and the A+H share IPO of Agricultural Bank of China (US$22.1 billion).

Top-Tier Client Base

EQ has developed a top-tier client base of high quality institutional investors, including mutual funds, hedge funds, insurance companies, pension funds, the National Social Security Fund, sovereign wealth funds, large corporations, QFIIs and QDIIs. We are the market leader in the domestic mutual fund, QFII and insurance markets, and have established close relationships with hundreds of top-tier overseas institutional investors with full recognition and trust.

Rigorous Risk Management

EQ, Operations and Risk Management are strictly separated in accordance with best market practice. EQ is involved in order management and execution, Operations handles clearing, settlement and fund transfer, whilst Risk Management monitors the fund-flow and settlement process. This functional structure ensures that the proper checks and balances are maintained, risks are identified and isolated, and the best interests of clients are safeguarded.

Outstanding Team

Supported by a talented, experienced and dedicated team of institutional sales people and traders, EQ can offer high quality and efficient trade execution as well as innovative and tailored solutions catering to clients' specific needs.

In 2003, CICC became one of the first QFII cooperation brokers and has since led in both service number and asset size. In 2005, the China Insurance Regulatory Commission designated CICC as one of the first securities companies qualified to rent special seats to insurance institutional investors.

The team has won the Best All-China Sales Team and Best All-China Trading Team (2012) by Institutional Investor; the Best Local Brokerage, Best Overall Sales Services, Best Deal Execution,and Best Sales Trading (2006-2011) by Asia Money; the Best Sales Services (2007-2009) by New Fortune; and the Best Sales and Trading (2007-2008) by Securities Market Weekly.