Citic Securities in equity sweet spot as investors flock to Chinese stocks
China’s largest brokerage reported big jumps in its revenue and profit during the third quarter amid a bull run in Chinese stocks and a wave of Hong Kong IPOs Key…
BRIEF: CICC profit jumps in first half on booming Hong Kong IPO market
Leading investment bank China International Capital Corp. Ltd. (3908.HK; 601995.SH), or CICC, said on Monday it expects to report a profit of between 3.45 billion yuan ($481 million) and 3.97…
CICC Probed by Regulator, and Huawei Trials New Harmony OS
CICC has been fined for its lax due diligence with IPO candidate S2C. And Huawei beta tests the latest rendition of its Harmony smartphone operating system. By Doug Young &…
China Renaissance reborn without rainmaking founder Bao Fan
The privately owned investment bank’s shares lost two-thirds of their value when trading resumed after a suspension of more than a year Key Takeaways: China Renaissance shares plunged 66% in…
China Renaissance Edges Closer to Trading Resumption Under New Chairman
Xie Yijing will take over as the troubled investment bank’s head, as missing former chairman and CEO Bao Fan steps down ‘for health reasons and to spend more time with…
China Renaissance in ‘most challenging period since its establishment’ amid founder’s absence
The investment bank’s revenue fell in the first half as weak demand due to economic uncertainty caused its income from advisory services for private share sales to plunge Key Takeaways:…
Big Banks Test the Waters for New China Listings With QuantaSing IPO
The adult education specialist’s IPO underwriters include Citigroup, as well as two of China’s biggest investment banksKey Takeaways:Investment banking majors Citigroup and China’s CICC and CLSA are sponsoring a new…
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Citic Securities in equity sweet spot as investors flock to Chinese stocks
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