A pedestrian walks past a China International Capital Corp’s securities brokerage branch in Beijing in July 2016. Photo: Bloomberg A pedestrian walks past a China International Capital Corp’s securities brokerage branch in Beijing in July 2016. Photo: Bloomberg
A pedestrian walks past a China International Capital Corp’s securities brokerage branch in Beijing in July 2016. Photo: Bloomberg
SFC
Business /  Banking & Finance

China’s largest investment bank CICC says sorry after disciplinary action by Hong Kong regulator on breaching city’s takeover code

  • Two CICC associate units failed to promptly disclose hedging trades in 2019 in companies where the group acted as takeover adviser
  • CICC has apologised for the oversight, promised steps to tighten reporting and compliance

Topic |   SFC
Enoch Yiu
Enoch Yiu

Updated: 4:17pm, 19 Jun, 2020

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A pedestrian walks past a China International Capital Corp’s securities brokerage branch in Beijing in July 2016. Photo: Bloomberg A pedestrian walks past a China International Capital Corp’s securities brokerage branch in Beijing in July 2016. Photo: Bloomberg
A pedestrian walks past a China International Capital Corp’s securities brokerage branch in Beijing in July 2016. Photo: Bloomberg
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