China International Capital Corporation

China International Capital Corporation Limited (CICC; 中国国际金融股份有限公司) is a Chinese partially state-owned multinational investment management and financial services company.

Headquartered in Beijing, CICC has over 200 branches in Mainland China and offices in Hong Kong, Singapore, New York City, London, San Francisco, Frankfurt and Tokyo.

[2] CICC established its FICC division, and was one of the earliest investment banks to conduct fixed income business in China.

[6] On 4 January 2023, Bloomberg News reported that CICC was cutting travel perks for its senior bankers as part of the policy in line of the common prosperity agenda promoted by Chinese leader Xi Jinping.

[8] Bloomberg News reported in July 2024 that since the start of Xi's common prosperity drive, CICC has moved from a more market-based vision and "cast aside the hard-charging ways of Wall Street", following one closer that of the Chinese Communist Party (CCP).