CICC Plans Major Merger with Dongxing & Cinda
Update: 2025-11-20
Description
Chinas leading investment bank, CICC, plans a major merger with Dongxing and Cinda Securities, aiming to create a world-class firm and better compete with global giants. The combined entity would have a total capital of $1.6 billion, but trading of CICC shares will be paused for up to 25 days due to the mergers complexity. Beijing supports this consolidation to cultivate top-tier domestic investment banks, with a goal of having two to three globally competitive banks by 2035.
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