| CITIC Securities Co., Ltd. (CITICS) was incorporated in Beijing on October 25, 1995.Upon approval of Chinese Securities Regulatory Commission (CSRC) on December 13, 2002, CITICS undertook an initial public offering (IPO) of 400 million common A shares. On January 6, 2003, CITICS (Ticker: 600030) was listed on the Shanghai Stock Exchange.
CITICS offered 334 million A shares August 31, 2007 and raised about RMB 25 billion, became the largest IB in China by capital. As of late 2008, CITICS' total assets amounted to RMB 136.9 billion, with net assets at RMB 55.2 billion.
CITICS holds controlling stakes in nine subsidiaries and as of April 30, 2009, with subsidiaries included, CITICS owns 186 securities brokerage branches, 42 securities service branches and eight future brokerage branches in China.
CITICS maintains the leading position on business fronts such as investment banking, brokerage, asset management, investment advisory service, etc. and has already been providing diversified quality financial services and products by prioritizing the demand of clients and making the best of the powerful franchise, rich client bases and smooth market intelligence sharing.
Going forward, we will provide a full range of financial services and solutions with professional investment banking teams and advantages as a diversified financial services provider so as to create more value for clients! |