CICC explores possible IPO

Chinese investment bank looks to replenish its capital, sharpen its competitive strategy and strengthen its incentive scheme through a listing.

CICC explores possible IPO
CICC’s listing plan has received consensus in management, as well as shareholders who think it is a good incentive.

China International Capital Corp CICC, the first Sino-foreign investment bank, looks set to tap the capital markets, following in the footsteps of peers Citic Securities and Haitong Securities.

The Beijing-based group set up an informal committee two months ago to explore a possible listing, according to two sources familiar with the situation.

Issues that the committee are seeking to address include the pros and cons of an IPO, the problems...

To continue reading, please login or register for free

Click for more on: cicc | investment bank | ipo | china | hong kong

Print Edition

FinanceAsia Print Edition

CONFERENCES