The China Construction Bank Corporation (CCB) is a Chinese state-owned multinational banking and financial services corporation headquartered in Beijing,China. It is one of the "big four" banks in China,and is the third largest bank in the world by total assets behind the Agricultural Bank of China and the Industrial and Commercial Bank of China. The bank has approximately 13,629 domestic branches. In addition,it maintains overseas branches in London,Barcelona,Frankfurt,Luxembourg,Hong Kong,Johannesburg,New York City,Seoul,Singapore,Tokyo,Melbourne,Kuala Lumpur,Santiago de Chile,Brisbane,Sydney and Auckland. Its total assets reached CN¥8.7 trillion in 2009,and it is considered a systemically important bank by the Financial Stability Board. It's headquarters is in Xicheng District.
Fubon Bank Limited is a wholly owned subsidiary of Fubon Financial Holding Co.,Ltd.,one of the largest financial holding companies in Taiwan. Committed to becoming one of Asia’s first-class financial institutions,Fubon Financial Holdings has built a strong lineup of financial service companies. Fubon Bank operates 15 branches,3 SME Banking Services Centres,1 Offshore Banking Centre and 1 Securities Services Centre in Hong Kong,providing a wide range of financial services encompassing consumer and wholesale banking,wealth management,financial markets,securities brokerage and investment services. Fubon Bank holds an A-2 short-term,BBB+ long-term rating from Standard &Poor’s. The rating reflects Fubon Bank’s strong capitalization,good liquidity and sound asset quality.
The State Administration of Foreign Exchange (SAFE) of the People's Republic of China is an administrative agency under the State Council tasked with drafting rules and regulations governing foreign exchange market activities,and managing the state foreign-exchange reserves,which at the end of December 2016 stood at $3.01 trillion for the People's Bank of China. The current director is Zhu Hexin.
China's banking sector had CN¥417 trillion in assets at the end of 2023. The "Big Four" state-owned commercial banks are the Bank of China,the China Construction Bank,the Industrial and Commercial Bank of China,and the Agricultural Bank of China,all of which are among the largest banks in the world as of 2018. Other notable big and also the largest banks in the world are China Merchants Bank and Ping An Bank.
China Investment Corporation (CIC) is a sovereign wealth fund that manages part of China's foreign exchange reserves. China's largest sovereign fund,CIC was established in 2007 with about US$200 billion of assets under management,a number that grew to US$1,200 billion in 2021 and US$1,350 billion in 2023.
Haitong Securities is a securities firm in China,providing services in stocks and futures brokerage,as well as investment banking,corporate finance,M&A,asset management,mutual fund,and private equity.
China Pacific Insurance (Group) Co.,Ltd. (CPIC) known as Pacific Insurance,is a Chinese insurance company. It was established on the basis of the former China Pacific Insurance Corporation,which was founded in 1991 approved by the People's Bank of China. Its headquarters is in Shanghai.
China Everbright Bank Co.,Ltd. is one of twelve Chinese joint-stock commercial bank. Established in August 1992,it is a national joint-stock commercial bank approved by the State Council and approved by the People's Bank of China,headquartered in Beijing. It was ranked in 139th in 2016 Forbes Global 2000 publicly held companies. Sister company Everbright Securities ranked 862th.
China Everbright Limited is a Hong Kong-based financial services company in asset management,investment and merchant bank in the Greater China region,including Mainland China and Hong Kong. It is part of the China Everbright Group,a state-owned enterprise operated under the supervision of the State Council of the People's Republic of China.
China International Capital Corporation Limited is a Chinese partially state-owned multinational investment management and financial services company. Founded in China in 1995,CICC provides investment banking,securities and investment management services to corporations,institutions and individuals worldwide.
China Investment Securities Co.,Ltd. (CISC) formerly known as China Jianyin Investment Securities Co.,Ltd. (CJIS) is a Chinese investment bank and brokerage firm based in Shenzhen. It was a subsidiary of China International Capital Corporation. The firm was founded by China Jianyin Investment on 29 September 2005 based on the good assets of China Southern Securities.
Everbright Securities Company Limited is a securities brokerage by assets in China,controlled by state-owned financial conglomerate,China Everbright Group. It was founded in 1996 and is based in Shanghai.
China Everbright Group is a Chinese state-owned enterprise. Everbright Group was a subsidiary of Central Huijin Investment. The Ministry of Finance of China owned the rest of the stake,which Central Huijin acquired on 8 December 2014.
China Jianyin Investment Co.,Ltd. (JIC) is a Chinese investment company owned by the government of the People's Republic of China. Founded in 2004,it is a wholly-owned subsidiary of Central Huijin Investment and is an integrated investment group focused on equity investments. The group is headquartered in Beijing and owns more than 160 wholly-owned or holding enterprises and institutions in 29 Chinese provinces,autonomous regions,municipalities and Hong Kong SAR. It has also established affiliated agencies in Europe.
Everbright may refer to these sister companies:
UBS Securities Co.,Ltd. is the investment bank and brokerage firm of the Swiss bank UBS with offices in many countries,among them China. Its Chinese arm is a joint-venture according to the restrictions of foreign investments in China,especially in the financial sector. Since 2018,it is a subsidiary of the Swiss bank UBS.
CSC Financial Co.,Ltd. trading as China Securities,is a Chinese investment bank and brokerage firm established by CITIC Securities and China Jianyin Investment in 2005 in a 60–40 ratio,as a successor of bankrupted China Securities Co.,Ltd. (CSC). However,the firm now majority owned by Jianyin Investment's parent company Central Huijin Investment and an asset managing subsidiary of Beijing Municipal People's Government.
New China Life Insurance Co.,Ltd. also known as New China Insurance (NCI) or Xinhua Baoxian Jituan is a Chinese life insurance company based in Beijing. The Chinese government owns more than half of the shares of the company via sovereign fund Central Huijin,via state-owned enterprise Baosteel Group and a financial service company China Securities Finance.
Sovereign funds of China are mechanisms through which the Chinese state acts as a market participant with the goals of supporting key domestic economic sectors,advancing strategic interests internationally,and diversifying its foreign exchange reserves.
Xie Ping is a Chinese financial policymaker. A former senior official of the People's Bank of China and Deputy General Manager of China Investment Corporation,he has more recently been a professor at the PBC School of Finance at Tsinghua University. He was the first General Manager of Central Huijin Investment after that entity was established in 2003,while Guo Shuqing was chairman.
