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What does admiralty ib mean?
CICC ib means that an investment bank is a financial institution corresponding to a commercial bank. CICC ib is a non-bank financial institution mainly engaged in securities issuance, underwriting, trading, enterprise restructuring, mergers and acquisitions, investment analysis, venture capital and project financing, and is the main financial intermediary in the capital market.

Investment bank is the name of the United States and continental Europe, Britain is called merchant bank, and Japan is called securities company.

CICC's main business

Headquartered in Beijing, China, CICC has subsidiaries, branches or securities business departments in Hongkong, Shanghai and Shenzhen, strategic locations of China's capital market. This market service network enables CICC to grasp the pulse of China capital market in real time and accurately, and better provide investment banking and securities services for customers.

Since its establishment, CICC's business has been developing continuously, and there are mainly seven business departments: investment banking department, capital market department, sales and trading department, research department, fixed income department, asset management department and direct investment department. In addition, CICC also has a complete back-office support department and information technology and risk control system.

With the approval of the relevant regulatory authorities of China government, the main business scope of CICC includes RMB special stocks, RMB common stocks, overseas issued stocks, domestic and foreign government bonds, corporate bonds and corporate bonds brokerage business, RMB special stocks, overseas issued stocks, domestic and foreign government bonds, corporate bonds and corporate bonds self-operated business.

RMB ordinary shares, RMB special shares, overseas issued shares, domestic and overseas government bonds, corporate bonds and corporate bond underwriting business, fund initiation and management, enterprise restructuring, merger and acquisition consultants, project financing consultants, consulting and other consulting businesses, foreign exchange transactions, foreign exchange asset management of overseas enterprises and domestic foreign-invested enterprises, interbank lending and customer asset management.