The challenge of being CICC
China''s premier investment bank has just celebrated its 10th anniversary. CICC has come a long way in its short history but now faces huge competitive challenges.
When the great and the good gathered earlier this year in Beijing to celebrate the 10th anniversary of CICC (China International Capital Corporation), the atmosphere was a mixture of satisfaction and apprehension. The satisfaction came from the company's rapid growth over the past 10 years, and the apprehension is rooted in the challenges that CICC is facing as China's investment banking and capital markets landscape changes ever more drastically.
CICC was created to ensure a Chine…
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