The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms & Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.
AwardsChina Corporate and Investment Banking Awards

Best for domestic M&A 2021

Citic Securities

Citic Securities is the undisputed leader in China’s domestic equities market.

According to data provider Wind, Citic leads its closest rival by about 80% in ECM, both by volume and number of deals. Its expertise spans IPOs, follow-on offerings, rights issues and preference shares, while it also has a solid presence in convertible and exchangeable bond issuance.

What is truly impressive about Citic is the pace with which it has increased its equity business from an already high base. During Asiamoney’s awards period, the firm executed more than double the number of equity transactions than a year ago, with a 29% increase in volume.

IPO underwriting jumped 150% in terms of the number of deals, and nearly 80% by volume. The firm also seized the opportunity to increase its follow-on business more than five-fold after China eased issuance rules, working on deals such as Weichai Power Co’s Rmb13 billion ($2 billion) offering.

Citic helped more companies to list on Shanghai’s technology- and innovation-focused Star board since its launch over two years ago than any of its peers. It worked on 33 Star IPOs during Asiamoney’s awards period, versus fewer than 20 by each of its peers, according to Wind data.

The

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree