Exclusive | CICC targets Southeast Asia and Middle East as global shifts reshape investment landscape
Chairman Chen Liang says booming Asian wealth management sector and AI will drive future growth
Significant shifts in the global political and economic landscape are driving China International Capital Corp (CICC) to focus strategically on international growth, targeting the burgeoning markets of Southeast Asia and the Middle East.
Chairman Chen Liang said the Chinese investment bank saw opportunities arising from Asia’s booming wealth-management sector and the disruptive potential of artificial intelligence, which were both expected to drive future business growth.
“The unprecedented changes of this century are accelerating,” Chen said. “As a leading Chinese investment bank that has been deeply involved in the development of China’s capital markets for over three decades, CICC has consistently been at the forefront of this evolution.”