The Alibaba Group revealed that it has bought into China International Capital Corporation recently, The Paper reported.
Alibaba is now holding approximately 203 million shares of CICC Hong Kong, which accounts for 11.74% of the company’s Hong Kong shares and 4.84% of the total shares issued.
It is worth noting that another Internet giant, Tencent, is the second largest shareholder of the company. In September 2017, CICC announced that it intended to issue 207.5 million H shares to Shenzhen Tencent Computer System Company Limited, a wholly-owned subsidiary of Tencent, which accounted for 12.01% of CICC’s H shares and 4.95% of its total shares issued.
Central Huijin Investment is the largest shareholder of CICC, accounting for 55.68% of the shares. It is followed by Tencent, TPG Capital, GIC Private Limited and China National Investment & Guaranty Corporation, which hold 4.95%, 4.1%, 3.77% and 3.04% of CICC’s total shares issued, respectively.
CICC is China’s first Sino-foreign joint venture investment bank, established in 1995. In 2015, it experienced a share restructuring and went public in Hong Kong in November same year.
Hi there, simply become aware of your blog thru Google, and found that it’s really informative. I’m gonna be careful for brussels. I’ll be grateful in the event you proceed this in future. Numerous folks will be benefited out of your writing. Cheers!
wonderful post, very informative. I ponder why the other experts of this sector don’t notice this.
You should proceed your writing. I’m sure, you have a great readers’ base already!
I read this article fully on the topic of the difference of most
recent and earlier technologies, it’s amazing article.
Appreciating the time and energy you put into your blog and in depth information you offer.
It’s good to come across a blog every once in a while that isn’t the same old rehashed
material. Excellent read! I’ve saved your site and I’m including your RSS feeds to
my Google account.
There is perceptibly a bundle to realize about this. I believe you made certain good points in features also.
Today, I went to the beach with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!
You need to be a part of a contest for one of the greatest blogs on the net.
I’m going to highly recommend this blog!
You really make it seem so easy with your presentation but I find this topic to be actually something that I think
I’d by no means understand. It sort of feels too complicated and extremely vast for me.
I’m having a look forward to your next put up, I will attempt to get the dangle of it!
Do you have a spam problem on this site; I also am a blogger, and
I was wondering your situation; many of us have developed some nice methods and we are looking to swap strategies with others, be sure to shoot me an e-mail if interested.
Thank you for the auspicious writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! However, how can we communicate?
hi!,I really like your writing so much! share we be in contact more approximately your article on AOL? I require an expert in this area to resolve my problem. May be that is you! Having a look forward to look you.
I am usually to blogging and i actually appreciate your content. The article has really peaks my interest. I am going to bookmark your site and maintain checking for brand spanking new information.
Wow that was strange. I just wrote an incredibly long comment
but after I clicked submit my comment didn’t appear.
Grrrr… well I’m not writing all that over again. Anyway, just wanted to say superb blog!