CICC, China Investment Securities Said to Be in Merger Talks

  • Two companies had $28 billion of assets at end of 2015
  • There’s no certainty deal will take place, people familiar say

CICC, China Investment Securities May Be in Merger Talks

Investment bank China International Capital Corp. and brokerage China Investment Securities Co., firms with 186 billion yuan ($28 billion) of assets last year, are in talks on a possible merger, people familiar with the matter said.

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