China International Capital Corporation Limited (CICC, 03908.HK,601995.SH) is a top tier investment bank, founded in China in 1995, providing first-class financial services to corporates, institutions and individuals worldwide. As the first international joint-venture investment bank in China, CICC plays a unique role to support China’s economic reforms and liberalization through providing comprehensive one-stop domestic, overseas, and cross-border financial services including investment banking, equities, FICC, asset management, private equity investment, wealth management and research. Headquartered in Beijing, CICC has over 200 branches in Mainland China and offices in Hong Kong, Singapore, New York, London, San Francisco, Frankfurt and Tokyo. For more information about CICC, please visit www.cicc.com
On September 5th, 2025, Jiaxin International Resources Investment Limited celebrates at the Astana Finance Days Forum for the listing of its shares on the Main Board of the Hong Kong Stock Exchange (HKEX) and the “Belt and Road” Market Segment of the Astana International Exchange (AIX) in Kazakhstan. The offering size was US$176 million with CICC acting as the Sole Sponsor, Overall Coordinator, Joint Global Coordinator, Joint Bookrunner, and Joint Lead Manager of this transaction.
This landmark transaction sets multiple industry precedents:
● The world’s first dual listing on HKEX and AIX
● The first RMB-denominated stock in Central Asia
● The first Mineral Company IPO under Chapter 18 on HKEX in six years
● The first HKEX-listed company primarily focused on tungsten mining
Liang Dongqing, Member of the Management Committee of CICC, stated: “We remain committed to leveraging our experience and global network to support China-Central Asia economic cooperation. Looking ahead, CICC is dedicated to bridging the capital markets between China and Kazakhstan.”
Barry Chan, Head of Asia-Australia Region at CICC, as a speaker at the Belt and road panel session of the Astana Finance Days forum, also mentioned that these unique experiences and advantages have led to another milestone Kazakh story in Hong Kong: “We firmly believe that what we are witnessing today is only the beginning of the ‘Kazakh Story.’.”
With deep cross-border expertise and a global network, CICC continues to drive financial innovation and cooperation under the vision of “Chinese Roots, International Reach.” CICC will continue to serve the real economy and facilitate cross-border capital flows, helping Chinese enterprises enhance their global competitiveness while fostering a new era of global financial cooperation.
On September 2, CICC, as the Global Lead Coordinator and Settlement Bank, successfully facilitated the
Development Bank of Kazakhstan
("DBK") in the issuance of a 3-year offshore RMB bond, with an aggregate amount of RMB 2 billion and an issuance yield of 3.35%. This marks the first RMB bond issued and listed globally by a Kazakhstan issuer, the first RMB bond from a Central Asian issuer, and the first time a Central Asian entity has listed RMB bonds on the Hong Kong Stock Exchange. With the 2025 Shanghai Cooperation Organization Summit underway, this bond issuance presents an innovative model of cross-border financing for China-Kazakhstan production capacity cooperation projects under the Belt and Road Initiative. It also sets a new benchmark for transnational financial cooperation and production capacity synergy in the context of high-quality Belt and Road cooperation.
The issuance of DBK's dim sum bond underscores the bank's confidence in the cross-border RMB system. It reaffirms the commitment of both China and Kazakhstan to deepening financial collaboration and advancing capital market connectivity. The successful transaction provides a stable RMB financing channel for infrastructure projects along the Belt and Road, supporting regional economic integration.
CICC played a key role in this landmark bond issuance—grounded in its deep understanding of both Chinese and international capital markets, especially in Central Asia—significantly enhanced subscription quality and market impact. It also established an innovative cross-border financing model for China-Kazakhstan production capacity cooperation under the Belt and Road Initiative.
In the future , CICC will continue to leverage its extensive experience in domestic and international capital markets, uphold the philosophy of "Chinese Roots, International Reach", supporting the development of the Belt and Road Initiative and fostering a new era of global financial cooperation.
We're honored to announce that CICC will once again be a Partner for the 10th Belt and Road Summit, taking place on September 10–11, 2025 in Hong Kong. Under the theme "Collaborate for Change, Shape a Shared Future," this year's summit will bring together over 6,000 participants from more than 70 countries and regions.
As a financial institution with Chinese roots and international reach, CICC continues bringing the first-class financial services through its extensive network and outstanding cross-border capability to help our clients accomplish their strategic development goals.
Stay tuned to our channels for live updates, key insights, and highlights from the summit. We look forward to engaging with partners to explore new pathways for inclusive growth and sustainable development.
Watch the video here:
https://lnkd.in/gKDE5sFy
#BeltandRoad
#BRI
#HongKong
#CICC
On August 14th, Shengyong Goh, Head of Southeast Asia Research at CICC, participated in the "Gateway to Vietnam 2025" livestream hosted by SSI Securities Corporation. The event explored Vietnam’s capital market transformation and its opportunities to global investors.
Shengyong Goh joined a panel of experts to discuss the surge of capital inflows and reform momentum that are reshaping Vietnam’s financial landscape.
CICC remains committed to providing insights and innovative solutions that support our clients in navigating opportunities in this and major rapidly evolving economies. We aim to explore new avenues for cooperation and deepen our role in facilitating capital flows and trade between China and Vietnam and other Asian markets, contributing to sustainable and mutually beneficial development across the region.
Since September 2023, surging A-to-H listings have mobilized HK$98.1 billion in capital, with industry giants like CATL and Midea leading eight landmark IPOs. Nearly 50 A-share firms now queue for Hong Kong listings, fueled by supportive policies, overseas expansion needs, and foreign investor demand.
Kevin Liu, Chief Offshore China and Overseas strategist at CICC Research, projects that A-to-H listings will rebalance the market, mirroring China's economic fabric and fueling a capital-quality virtuous cycle.
For more insights about the wave of A-share listings in the H-share market, listen to our full analysis.
https://lnkd.in/gFQ4gfGn
#CICCInsights
On July 15, CICC successfully convened the 3rd China–Southeast Asia Economic and Finance Forum 2025 in Singapore. The forum brought together nearly 300 government officials, institutional investors, business leaders, and CICC representatives from across Asia.
H.E. Cao Zhongming, Ambassador of China to Singapore, emphasized that China upholds the principle of openness and cooperation, and is committed to advancing globalization. He expressed that China looks forward to working closely with ASEAN under the vision of "amity, sincerity, mutual benefit, and inclusiveness", which would deepen mutual benefits, and jointly promote regional prosperity as well as global development.
In the opening speech, Liang Dongqing, Member of CICC's Management Committee mentioned the theme of this year's forum is inspired by the "great rewiring" of the global economy. Southeast Asia stands out as the most favoured destination for A-share listed manufacturing companies to go abroad, which highlights China and the region’s steadfast partnership and interdependence.
Stephen Ng, Head of CICC Southeast Asia and South Asia and CEO of CICC Singapore addressed the audience that the annual forum has witnessed the evolution of connectivity between China and Southeast Asia—from its early beginnings three years ago to its rapid development today, which has significantly reshaped and strengthened regional economic ties.
Other keynote speakers include Dr. Kai-Fu Lee, CEO of
01.AI
and Chairman of Sinovation Ventures, and Professor Bert Hofman of the East Asian Institute of the National University of Singapore.
The Forum served as a platform to further strengthen CICC's presence in Southeast Asia and support the firm’s efforts to seize new opportunities arising from the deepening economic ties and growing capital flows between China and the region. Looking ahead, CICC will continue to expand its network and business activities across Southeast Asia, enhance its cooperation with local partners, and facilitate cross-border investment and capital market integration, while contributing to regional financial development.
On July 3, Hong Kong Exchanges and Clearing Limited (HKEX) officially launched its Order Routing Service on the Integrated Fund Platform (IFP). China International Capital Corporation Hong Kong Securities Limited (CICC HK Securities) is set to join as one of the distributors, further affirming its strong position in Hong Kong's fund distribution ecosystem and showcasing continued recognition for its service capabilities in the wealth management space.
With the support of the Hong Kong Special Administrative Region (SAR) government and the Securities and Futures Commission of Hong Kong, the IFP was developed to inclusively connect major stakeholders in the fund distribution lifecycle. The newly launched Order Routing Service streamlines key functions such as fund subscriptions and redemptions, enhancing operational efficiency and fostering collaboration between fund distributors and transfer agents.
Following being shortlisted for the Cross-boundary Wealth Management Connect 2.0 scheme, CICC HK Securities has now become one of the first financial institutions to integrate with HKEX's IFP. CICC International Wealth Management will harness the full potential of One CICC, deepen multi-party partnerships, strengthen service delivery, and provide customers with more diversified and efficient fund investment solutions—empowering the interconnectivity of the financial market.
To support an efficient onboarding process, CICC International Wealth Management immediately mobilized a cross-functional task force to coordinate core aspects such as system integration, operations, compliance, and risk management. Looking ahead, CICC International Wealth Management will continue to optimize service workflows, expand its curated fund product offerings, and build convenient and diversified global asset allocation channels for clients. Together with industry peers, we remain committed to fostering a vibrant and sustainable fund distribution ecosystem in Hong Kong.
#CICC
#WealthManagement
We are delighted to announce that CICC has been bestowed with two highly esteemed awards at The Asian Banker Hong Kong Award 2025: The Best Operational Risk Technology Implementation by COSMO and The Best Wealth Management Technology Implementation by the Hong Kong Cross-boundary Wealth Management Connect (WMC) platform. These two awards recognize our relentless pursuit of excellence in risk control and digital innovation.
CICC has consistently led the way in advancing technological innovation within the financial services industry. The COSMO system is a driving integrated and automated solution for operational risk management, has been instrumental in supporting scalable business growth across different markets and products. Similarly, the WMC's innovative digital services have not only led to significant client growth but also set a new benchmark for cross-border wealth management.
These achievements stem from our client-centric philosophy and our team's expertise; CICC continues to bring first-class financial services through its extensive network and outstanding cross-border capabilities, helping our clients accomplish their strategic development goals.
Since 2025, AI-driven asset revaluation has spurred a 20% rebound in stocks, with over HK$600 billion southbound inflows fueling landmark IPOs such as CATL and MIXUE. Easing the tensions following tariff adjustments, dual-listing mechanisms attracting multinationals, and structural growth in AI/tech/biotech sectors underpin this revival.
Wang Shuguang, CICC's Member of Management Committee, underscores the city's pivotal role in his analysis of Hong Kong's market resurgence. He highlights Hong Kong's dual role as a global springboard for Chinese firms and a gateway for foreign entrants. He projects sustained H2 2025 IPO momentum, driven by valuation upside, policy support, and Fed rate cuts.
For a more in-depth understanding of the topic, we invite you to watch the video and explore the reasons why Hong Kong maintains its unique position in the global capital market.
https://lnkd.in/gAEiRJ3d
#CICCInsights
On June 23, Hungary's largest commercial bank, OTP Bank Plc. ("OTP Bank"), successfully priced its inaugural public offering of offshore RMB green bonds, making the company the first Hungarian corporation to issue a RMB-denominated green bond in the public market. The transaction raised an aggregate amount of CNH 900 million, with a 3-year term, non-callable for the first 2 years, and an issuance yield of 3.500%. The issuance was offered under Reg S format and will be listed on the Luxembourg Stock Exchange. CICC acted as the Joint Bookrunner for this issuance.
This transaction garnered widespread attention from global investors. On the pricing day, the bond was announced at a guidance price of 3.500% (the number). Following the announcement, the deal received strong subscriptions from a diverse group of international investors, including SSA, commercial banks, and global funds, reflecting strong investor confidence in OTP Bank's credit.
Recently, the Dim Sum bond market has increasingly gained its momentum and traction among international issuers, offering an attractive source of funding given the attractiveness due to its cost-effectiveness and investor diversification. This transaction further enhances the RMB asset offerings in the Dim Sum bond market, providing investors with additional opportunities for currency diversification and supporting the ongoing internationalization of the RMB.
CICC played a key role throughout this landmark transaction, leveraging its deep understanding of Chinese and international capital markets to successfully attract a diverse investor base from Asia, significantly enhancing subscription quality and market impact. Looking ahead, CICC will continue to uphold its philosophy of "Chinese Roots and International Reach", leveraging its extensive experience in domestic and international capital markets to provide exceptional financial services to global clients, supporting the internationalization of the RMB and fostering a new era of global financial cooperation.