ICBC Credit Suisse

About Us

Company Profile

Who We Are

ICBC Credit Suisse Asset Management (International) Company Limited ("ICBCCSI") is a wholly-owned subsidiary in Hong Kong of ICBC Credit Suisse Asset Management Company Limited.

ICBC Credit Suisse Asset Management Company Limited ("ICBCCS") was jointly established by the Industrial and Commercial Bank of China ("ICBC") and Credit Suisse in June 2005. It was the first asset management arm of a Chinese bank to be set up in China. Supported by the scale, stability and information access of ICBC' s local franchise, ICBCCS' mission is "to deliver superior investment management services through attractive but steady investment results". ICBCCS places great emphasis on strong internal governance, professional management of investment risks, sophisticated research and best people.

Shareholders of ICBCCS

ICBC (80%): Founded in 1985, ICBC is the largest bank in China. Through its continuous endeavor and stable development, ICBC has become one of the leading banks in the world, with a large customer base, strong innovation capabilities, and a durable, diversified and competitive business model. As of September 30, 2020, ICBC has US$4.9 trillion of balance sheet assets, 8.1 million of corporate customers and 650 million of retail customers. †

Credit Suisse (20%): Founded in 1856, Credit Suisse is a global financial services firm which offers private banking, investment banking, and asset management services. Credit Suisse is headquartered in Zürich, Switzerland.

†As of December 31, 2019

Mission

To deliver superior investment management services through attractive but steady investment results

Investment Philosophy

•    Prudent investment

•    Quality investment

•    Long-term investment

Vision

•    Align with stakeholders' strategic vision

•    Be influential globally

•    Be respected in the industry

Licenses & Qualifications of ICBCCS (including subsidiaries’)

•    Type 1 (Dealing in Securities)*, Type 4 (Advising on Securities), Type 9 (Asset Management) licenses with SFC in Hong Kong

•    International Advisor - Exemption registration with Ontario Securities Commission in Canada

•    QDII, QFII, RQFII, CIBM Direct, Bond Connect, Stock Connect participant

•    Registered with the AMAC for Southbound Stock Investment Advisory business

•    China onshore investment management qualifications: mutual funds, non-listed funds, segregated accounts, corporate pension plans, public sector employee pension plans, Basic Retirement Insurance Schemes, National Social Security Fund (NCSSF) Onshore and Offshore Investment Mandates.

* For Type 1 regulated activity, the licensee shall only carry on the business of dealing in collective investment schemes. The terms "collective investment scheme" and "dealing" are as defined under the Securities and Futures Ordinance.

ICBC Credit Suisse