ICBC Capital Management (Global) Co., Ltd. (hereinafter referred to as "ICBC Capital Management (Global)" or "the Company") is a portfolio investment management company operated by China Industrial and Commercial Bank of China Group ("ICBC Group") in Hong Kong. The company was incorporated in Hong Kong in 1991 to provide investment advisory and asset management services to Asian clients. In August 2008, the company became an investment management company wholly owned by China Industrial and Commercial Bank of China (Asia) Limited, a subsidiary of China Industrial and Commercial Bank of China Hong Kong. The Hong Kong Securities and Futures Commission has issued categories 4 (advice on securities), 5 (advice on futures contracts) and 9 (provision of asset management services) in respect of the Securities and Futures Ordinance (SFO) to carry out three regulated activities.
Have a foothold in Asia and look around the world
As ICBC Group's overseas asset management business platform, ICBC Capital Management (Global) product line covers public funds, private equity funds, as well as dedicated account financial services to meet the unique investment needs of customers. ICBC Capital Management (Global) has also been granted business qualifications by China Securities Regulatory Commission (CSRC) for foreign qualified institutional investors (QFII) and RMB foreign qualified institutional investors (RQFII) respectively, providing a convenient channel for Chinese foreign investors to invest in the domestic capital market.
In terms of macroeconomic analysis, ICBC (Global) uses the Asian regional view and the global perspective to determine investment allocation. Closely observe the regional economic and financial market conditions and the changes in interest, inflation and commodity prices. At the same time, the company studies the trend of the international capital market in detail and judges its impact on the Asian region.
As an asset management company with Asia as its investment center, ICBC Capital Management (Global) relies on the resources and layout advantages of ICBC Group, based on Hong Kong and Asian markets, and invests in stocks, fixed income and alternative assets. to provide Chinese customers with efficient and comprehensive global asset management services from a global perspective Tell the "China story", grasp the "China opportunity" and provide the "China solution" for the asset allocation needs of global clients with in-depth insight into the Chinese market.
Research-oriented, value investment
The company's investment philosophy is based on providing a stable return on investment and minimizing the risk of market volatility and stock market downside. In order to benefit customers' investments, the company pays special attention to capturing major trends in various financial markets, so the investment period takes medium-term operations rather than short-term trading.
In the investment process, the company follows a disciplined investment procedure: in the process of selecting the securities of the core company, the team will conduct an in-depth study of the basic qualities of the company and its future growth potential. The team pays special attention to the company's business, position in the industry, and its basic qualities such as cash flow, profitability, asset liquidity, leverage and price-to-earnings ratio, and invests only in companies with superior basic qualities and strong growth potential.
The company's researchers regularly visit the selected core company in order to gain a better understanding of its management. At the same time, experienced investment managers will judge capital movements and market investment climate according to variables other than basic analysis, such as changes in government policies, and then determine market trends.
Rapid development can be expected in the future
Since the company upgraded its strategy and changed its name to ICBC Capital Management (Global) Co., Ltd. in 2017, the overall business has achieved rapid development. In recent years, it has won many awards such as the Best Cross-Border Business Award 2019 from the Hong Kong Chinese Fund Industry Association and Bloomberg, and the 2018 Super Nova Award from Insights & Mandate platform. The company's funds have also performed well: take the ICBC Capital Management (Global) Fund-Global emerging Enterprise Fund as an example, as of June 30, the fund has earned 47.50% in the past year, and 33.08% has been achieved so far this year, which is more outstanding in the same category.
ICBC Capital Management (Global) is speeding up the construction of key product lines such as Hong Kong Stock Exchange products, global allocation of FOF funds, Bond Link products, M & A funds and investment funds, overseas cash management financial products, cross-border index investment funds, "Belt and Road Initiative" bond investment funds, and so on, so as to continuously improve business scale and market position. It will become the product center, sales center, investment research and risk control center of ICBC's global asset management business.
Disclaimer
Risk and disclaimer: the issuer of this document is ICBC Capital Management (Global) Limited (the "Company"). At the time of publication, the information contained in this article is drawn from what we believe to be accurate and reliable sources. We reserve the right to change any information at any time without prior notice. The contents of this article are for reference only. This document is not and should not be regarded as the basis for soliciting, soliciting, inviting, recommending or inciting the sale of any investment products or investment decisions, nor should it be interpreted as professional advice.
This is an investment product. The investment decision is made by you and you should not invest in the Sub-Fund unless the intermediary has explained to you at the time of the sale of the Sub-Fund that this product is suitable for you after taking into account your financial situation, investment experience and objectives. Investment involves risks. The prices of investment products can go up or down, or even become worthless. Buying and selling investment products may not necessarily make a profit, but may incur losses. The past performance of any investment product does not necessarily serve as a guide for future performance. Investors should not make investment decisions solely on the basis of the information provided in this document, but should also seek independent advice from the financial adviser. Before making an investment decision, investors should carefully read the statement of the Sub-Fund and its risk factors for further information, and should take into account their own financial conditions and needs, investment objectives and experience, consider and decide in detail whether the investment meets your specific investment needs and risk tolerance. If there are similar forward-looking statements in this document, such contents or statements shall not be regarded as guarantees of any future performance, and it should be noted that the actual situation or development may differ materially from such statements. The approval of the Hong Kong Securities and Futures Commission (SFC) does not mean to promote or endorse the scheme, nor does it guarantee the commercial pros and cons or performance of the scheme, nor does it mean that the scheme is suitable for all investors, or that the scheme is suitable for any individual investor or any class of investors. The contents of this document have not been examined by the CSRC.
Those whose investment income is not in Hong Kong dollars or US dollars are subject to the risk of exchange rate fluctuations.