"CICC Night" 15th Anniversary Cocktail Reception Was Held in Hong Kong

To celebrate its 15th Anniversary, China International Capital Corporation Limited (CICC) held a cocktail reception in the Four Seasons Hotel, Hong Kong, on November 24th, 2010.
Distinguished guests, including HKSAR Chief Executive Donald Tsang, former HKSAR Chief Executive Tung Chee-hwa, Deputy Director of the Central Government's Liaison Office in Hong Kong, Li Guo, Hong Kong Monetary Authority Chief Executive, Norman Chan and among others, attended the cocktail reception while Hong Kong Financial Secretary John Tsang and Chairman of Securities and Futures Commission, Eddy C. Fong made important speeches to attending luminaries.
As Jiange Li, CICC Chairman, pointed out at the cocktail reception, CICC started their international development strategy from the Hong Kong capital market. The H-share IPO for China Telecom (now China Mobile) in November 1997 was CICC's first big project since its inception, and raised as much as US$4.2 billion. Over the past 15 years, CICC has participated in 30 H-share red-chip IPOs and helped raise US$28.2billion, accounting for 14% of the total amount of IPOs of Chinese-funded enterprises. In that respect, CICC ranks first in terms of market share.
Levin Zhu, President and CEO of CICC, emphasized that CICC has introduced numerous outstanding enterprises to the world via the Hong Kong capital market. He pointed out that by making use of Hong Kong as an important platform, the company has grown from China's first joint-venture investment bank into one with international perspectives and comprehensive capabilities. CICC has participated in many H-share listings for domestic enterprises, such as China Construction Bank Corporation's H-share IPO in 2005, Industrial and Commercial Bank of China's A+H IPOs in 2006, Agricultural Bank of China's A+H IPOs in 2010, each of which was the largest IPO of the year.
The cocktail reception closed with over 500 guests toasting CICC's 15th anniversary.
China International Capital Corporation (Hong Kong) Limited and China International Capital Corporation (Hong Kong) Securities Limited commenced operations in March 1998.