Investment Bank Ranking

Bear Stearns Shenzhen Innovation Investment Group, China Science and Technology Investment, Tsinghua Unigroup, Zhejiang Paradise Silicon Valley, Morgan Venture Capital (Beijing) Investment Management Co., Ltd., Shanghai Lianchuang Investment Management Co., Ltd., Tsinghua Venture Capital, Hong Rui Technology Venture Capital, Ningbo Shanshan Venture Capital, Hongrui Technology Venture Capital.

The top domestic securities companies include CITIC Securities, Guotai Junan Securities, Haitong Securities, GF Securities, Huatai Securities, China Merchants Securities, Shenwan Hongyuan, Everbright Securities, CITIC Construction Investment, and Orient Securities. This ranking is based on 2019 data. If based on 2020 data, the rankings of some securities companies may be slightly different.

1. Investment Banks are a type of financial institution corresponding to commercial banks. Non-bank financial institutions that are mainly engaged in securities issuance, underwriting, trading, corporate restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses are major financial intermediaries in the capital market. Investment banks are called investment banks in the United States and continental Europe, merchant banks in the United Kingdom, and securities companies in China and Japan. There are four main organizational forms of investment banks:

The first is independent professional investment banks. There are many institutions of this type and are located all over the world. They have their own business directions, such as those in China. CITIC Securities, CICC, Goldman Sachs and Morgan Stanley in the United States;

The second is investment banks owned by commercial banks, which mainly involve commercial banks acquiring other investment banks through mergers, holding shares or establishing subsidiaries to engage in investment Banking business, this form is very typical in countries such as Britain and Germany, such as HSBC Group and UBS Group; third, universal banks directly operate investment banking business. This form mainly appears in Europe. While banks engage in investment banking business, they also Engaged in commercial banking business. Investment banks mainly engage in investment business. The fourth is multinational financial companies.

2. Investment banking is a concept corresponding to commercial banks. It is an emerging industry formed by the modern financial industry to adapt to the development of modern economy. Its salient features that distinguish it from other related industries are:

First, it belongs to the financial services industry, which is a sign of distinguishing it from general consulting and intermediary service industries;

Second, It mainly serves the capital market, which is the distinguishing mark of commercial banks;