ENGLISH
CHINESE
INVESTMENT
BANKING

Adhering to the client-oriented concept and the strategy of full-product coverage, CITICS provides clients with comprehensive investment banking services via a professional and matrix management structure, such as domestic and overseas equity, bonds, asset-backed securitization and M&A.

CITICS covers a substantial and diversified client base that includes large state-owned corporates, Fortune 500 companies, listed companies and honored local clients, among which many are the leading players in sectors including finance, energy, infrastructure, real estate, equipment, manufacture, telecom, internet, media, entertainment, healthcare, consumer, etc. CITICS has delivered services and expertise to support more than 4,500 clients around the world in last ten years.

Financial Institution
Energy and Chemical
Infrastructure and Real state
Equipment and Manufacture
TMT
Healthcare
Consumer

Equity Underwriting — Undisputed Leader in Domestic Market and Increasing Competitiveness in Global Market

CITICS maintained a leading position in A-share equity financing. In recent years, CITICS was retaining first in terms of A-share equity underwriting size，which amounted to RMB376.3 billion with a market share of 22% in 2022.

CITICS ranked first in global equity financing of Chinese issuers. The ranking of equity underwriting size completed by CITICS in the global market was promoted to first in 2022. CITICS ranked first in terms of global equity underwriting size of Chinese issuers in the past 5 years.

A-share Equity Financing(for cash and asset transactions)
RMB 100mn
NO.1
NO.1
NO.1
NO.1
NO.1
Global Equity Financing of Chinese Issuers
USD 100mn
NO.1
NO.1
NO.1
NO.1
NO.1

Debt Underwriting — Ranking First among Peers and Becoming the Leading Chinese Securities Firm in Offshore Bond Market

CITICS maintained a leading position in domestic debt financing. CITICS ranked first in terms of domestic debt underwriting size, which reached RMB1.58 trillion with a market share of 6.3% in 2022.

The underwriting size in offshore bonds of Chinese issuers continued to increase. By leveraging the enhancement of offshore bond's execution strength and sales network, CITICS ranked second among Chinese securities firms in underwriting size of Chinese offshore bonds in 2022.

Domestic Debt Financing
RMB 100mn Among Chinese securities firms
NO.1
NO.1
NO.1
NO.1
NO.1
Offshore Bonds of Chinese Issuers
USD 100mn
Compound growth rate 19%

M&A—Maintaining a Leading Position in Domestic M&A Market and Continued Improving International M&A Capability

CITICS maintained a leading position in domestic M&A market. In 2022, CITICS ranked first in the material assets restructuring transactions size in A-share market which amounted to RMB107.4 billion with a market share of 34%. In recent years, CITICS completed a number of large M&A transactions including the restructuring of the cement business segment of China National Building Material, material asset restructuring of Jiangsu Eastern Shenghong, XCMG absorbed and merged with XCMG Co., Ltd, etc.

The capability of international M&A market are continuously improving. CITICS assisted global M&A transactions involving Asia(ex-Japan) enterprises with a value of USD93.2 billion in 2022, ranking first among Chinese securities firms.

A-share Material Assets Restructuring Transactions
RMB 100mn
NO.2
NO.1
NO.1
NO.1
NO.1
Global M&A Transactions involving Asia(ex-Japan) Enterprises
USD 100mn Among Chinese securities firms
NO.2
NO.2
NO.2
NO.1
NO.1

Source: Wind, Dealogic, Global M&A Transactions involving Asia(ex-Japan) Enterprises based on announcement