China’s Biggest Bond Trader Adds Staff in New York, London
- CICC boosts presence overseas in search of foreign clients
- Number of active trading customers has risen 31%, company says
This article is for subscribers only.
China’s biggest broker of government bonds by trading volume is scaling up its overseas offices to attract more customers in the world’s largest financial hubs.
China International Capital Corp. is increasing headcount for debt-related services in New York, London, Tokyo and Singapore and has already seen active customers increase by more than 30%, according to Patty Li, executive director of the firm’s fixed-income department. The goal is to become a bridge for foreign investors interested in the China market, she said.