Financial Services

We leverage our strong financial services platform to better serve our clients and customers with integrated and innovative products. We provide domestic and overseas banking services through CITIC Bank, trust services through CITIC Trust, insurance services through CITIC-Prudential, and securities services through CITIC Securities.

Banking

We own over 65% of CITIC Bank. CITIC Bank and its subsidiaries offer banking services to customers in China and overseas. As of 31 December 2013, CITIC Bank had over 1,400 branches and sub-branches in China; CITIC Bank International had more than 40 outlets in Hong Kong and overseas branches in Macau, Singapore, New York and Los Angeles.

CITIC Bank is listed in Hong Kong (SEHK: 998) and Shanghai (SSE: 601998).

Trust

CITIC Trust offers the most comprehensive services across financing, asset management and trust service, such as family trust, charity trust, asset securitization, consumer trust products.  

CITIC Trust maintained a leading position in terms of trust AUM, revenue and net profit. It has a strong research team, innovative concepts and a good risk management system.

Insurance

CITIC-Prudential is a 50:50 joint venture between CITIC Corporation and Prudential Corporation Holdings. CITIC-Prudential provides life, health and accident insurance, operating over 180 branches across 77 cities in China, as well as individual insurance agents as a major distribution channel.

Securities

We own over 16% of CITIC Securities, which is the largest securities company in China. CITIC Securities maintains leading market positions in investment banking, brokerage, asset management, margin financing and securities lending. In 2013, CITIC Securities successfully acquired CLSA, Asia's leading and longest-running brokerage and investment group.