China Renaissance Securities is stepping up its equity capabilities, moving closer to becoming a full-service investment bank.
Bao Fan, chairman and chief executive of the bank, told FinanceAsia how it would achieve that target.
China Renaissance ranks second on the underwriter league table of Chinese companies’ US listings this year, based on Dealogic data.
However, the bank has been regarded as a boutique investment bank specialising in advisory and consultant work in the financing of TMT companies due to a lack of strong global distribution and sales capacity.
“Our equity business is at the very early stage as...
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