Shares of China International Capital Corp. are halted in Hong Kong, pending a “very substantial acquisition.” Photo: EPA

Investment bank CICC to acquire China Investment Securities for 16.7 billion yuan

Deal marks major strategy change for CICC and to help expand its reach to small retail customers

Topic |   Banking & Finance

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Shares of China International Capital Corp. are halted in Hong Kong, pending a “very substantial acquisition.” Photo: EPA
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