📋 Tender Overview
China International Capital Corporation Limited CICC and the Company 3908.HK has just held the CICC Wealth Management Strategy Upgrade Conference 2019 in Shenzhen today under the theme of Building Our Future through Partnerships Achieving Life Goals to the Fullest and announced the official launch of its wealth management brand CICC Wealth Management. More than 700 guests were invited including government officials regulatory authorities customer representatives shareholder representatives and employee representatives.The Unified Brand CICC Wealth Management Officially LaunchedProviding wealth management service for individuals is one of the important strategies of CICC. In 2007 CICC took the lead in providing wealth management services under the international standards. In 2016 CICC announced the restructuring with China Investment Securities Company Limited CISC which became an important starting point for the transformation and upgrading of CICCs wealth management business. This restructuring has resulted in the further upgrade of CICCs wealth management and retail brokerage business platform. By merging CISCs extensive customer base and nationwide branch network CICCs strength in brand research products and prime brokerage business have been brought into full play.This time CICC has integrated the former CICC Wealth Management brand with CISCs wealth management and brokerage sub-brands such as CISC Gold and CISC Mobileto launch the new unified brand CICC Wealth Management. It marks the comprehensive integration of the two platforms and it is another milestone of the strategic transformation of CICCs wealth management business.Strategy Upgrade With 12 years experience CICC Wealth Management has become a leading wealth management institution in domestic market and has obtained many prizes from media. By taking advantage of the reform in Shenzhen and the restructuring of China Southern Securities CISC has accumulated abundant experiences in the retail brokerage industry through more than 20 years and has acquired strong industry position and impact.After the brand integration with its high-quality and professional wealth advisor team its ability to provide solutions under international standards its close interaction with other business divisions such as Investment Banking Asset Management Research and its strong technological platforms CICC Wealth Management will provide its clients with a full-chain one-stop and multidimensional platform which offers more efficient globalized and integrated trading investment management financing services as well as a set of comprehensive solutions with the cooperation between wealth management and other business segments of CICC such as Investment Banking.CICC Wealth Management will adhere to its faith of always putting its clients as priorities persist on the model of wealth management from the buy-side perspective and dedicate itself to thoroughly understanding its clients needs and wants helping its clients with professional investment advices executing and keeping track of those investment plans religiously and trying to establish long-term trusting relationships with its clients. During this strategy upgrade conference CICC launched CICC Wealth Planning CICC Wealth Management China Top 50 Private Account Service and CICC Global Family Office which are close to advanced international market solutions. With leading professional standards profound understanding of market policies and global visions CICC provides life-long wealth planning for its clients as well as asset allocation products and solutions.Besides CICC Wealth Management has been actively embracing the digital transformation and has made it step into the FinTech industry. Recently CICC announced that the Company entered into a shareholders agreement with Tencent Digital Shenzhen Limited an indirect wholly-owned subsidiary of Tencent Holdings Limited pursuant to which the parties agreed to establish a technological joint venture. The technological joint venture is proposed to through providing technological platform development and digitalized operational support services facilitate the companys wealth managementretail brokerage and other businesses to provide more convenient intelligent and differentiated wealth management solutions enhance the service efficiency of investment advisor optimize precision marketing and strengthen compliance and risk control. The technological joint venture is expected to drive the accelerated transformation and scalable development of the Companys wealth management business with digital and FinTech capabilities.With sufficient experience in the Chinese market and always evaluating itself with global standards CICC Wealth Management aims to build up a platform to satisfy its clients needs in their businesses families and personal development comprehensively. By launching its official brand CICC Wealth management imposing on its strategy upgrade and getting involved in the FinTech industry CICC has implemented its best practices within the recent couple years to strengthen its wealth management service.Looking into the FutureIn the future as the unified platform of CICCs wealth management and retail brokerage business CICC Wealth Management will continue to follow its core values of Clients First Integrity as Foundation and Chinese Roots and International Reach. Adhering to our buy-side thinking and putting our clients interests as our priorities we will keep on providing professional wealth management solutions to our clients under global standards and with the high quality resources from CICCs investment banking private equity asset management research and other business.
