CICC

By Selena Li and Xie Yu HONG KONG (Reuters) – China and Hong Kong are set to expand a pilot wealth scheme that allows residents to invest cross-border by adding the first batch of 10 securities firms, including the countries’ largest brokerages, two people with direct knowledge told Reuters. The…

By Yantoultra Ngui and Selena Li SINGAPORE/HONG KONG (Reuters) – China International Capital Corp (CICC) plans to expand its presence in Southeast Asia by opening offices in countries including Indonesia and Malaysia, said its investment banking head, as a slump in deals at home hurts its prospects. Founded in 1995,…