China International Capital Corporation Limited
601995.SS · SHH
Company research
China International Capital Corporation Limited (CICC), listed on the Shanghai Stock Exchange (601995.SS), is China's first Sino-foreign joint venture investment bank, founded in 1995 and headquartered in Beijing. The company offers a comprehensive suite of financial services across six key segments: Investment Banking, Equities, Fixed Income, Commodities and Currencies (FICC), Asset Management, Private Equity, and Wealth Management, serving a diverse client base comprising domestic and international corporations, institutional investors, and high-net-worth individuals. With over 200 securities branches across 28 provinces in Mainland China and an international presence in key financial hubs including Hong Kong, New York, London, Singapore, Frankfurt, and Tokyo, CICC operates as a truly global financial institution with deep Chinese roots. Under the leadership of CEO Liang Chen, CICC employs approximately 14,600 professionals and maintains a market capitalization of approximately CNY 141.9 billion, cementing its position as one of China's most prominent and influential capital markets firms.
Research reports
Q1 2026 results show strong year-on-year growth in revenue and net profit, driven by active wealth management, interest and margin businesses, and solid investment income, with capital adequacy and risk indicators comfortably above regulatory thresholds while acknowledging policy, market, FX and macroeconomic risks.
Guosen Securities · March 31, 2026中金公司（601995.SH）-多条线协同，国际化拓展成效显著The report highlights 2025 full‑year earnings with strong growth in revenue and net profit, supported by coordinated development across proprietary investment, investment banking, wealth management and asset management, and emphasizes the success of CICC’s internationalization strategy with rising overseas revenue contribution while maintaining an “outperform the market” rating.
Guosen Securities · December 24, 2025中金公司（601995.SH）-从券业整合看并购如何创造长期价值This thematic report analyzes CICC’s planned absorption merger of Dongxing Securities and Xinda Securities, arguing that reasonably priced deals, enhanced capital base and scale, and clear synergy in self‑investment, wealth management, investment banking and asset management should create long‑term value, while flagging integration execution, market cycle, policy and macro risks and maintaining an “outperform the market” recommendation.
Guosen Securities · October 30, 2025中金公司（601995.SH）-投资规模和收益高增，财富管理转型推进Covering the first three quarters of 2025, the report notes significant expansion in financial investment assets and strong growth in investment income alongside rapid progress in wealth management transformation—particularly buy‑side advisory products and rising AUM—supporting higher earnings forecasts and a continued “outperform the market” stance, with standard warnings on policy, market volatility, FX and macro risks.