中金 騰訊結盟得到投資者歡迎

Shares in China International Capital Corp, the Chinese investment bank, soared yesterday after its sale of a strategic stake to internet group Tencent, as investors bet that the tie-up would boost CICC’s retail franchise.

中國投行中金公司(CICC)昨日股價大漲，此前該公司獲得了互聯網集團騰訊(Tencent)的戰略入股，投資者押注這一結盟將提振中金的零售理財業務。

CICC’s Hong Kong-traded shares were up as much as 19 per cent yesterday, following the announcement late on Wednesday.

週三晚間宣佈上述消息後，中金公司在香港上市的股票昨日大漲19%。

Under former chief executive Levin Zhu, son of former Chinese premier Zhu Rongji, CICC led initial public offerings for many of China’s biggest state-owned enterprises in the early 2000s. But capital markets activity has shifted towards private companies, while retail investors dominate secondary-market trading.

在中國前總理朱鎔基之子、前首席執行官朱雲來(Levin Zhu)的領導下，中金公司在本世紀頭幾年牽頭爲中國多家大型國企進行首次公開發行(IPO)。但如今，資本市場活動已轉向民營企業，而散戶投資者主導着二級市場交易。

CICC ranked 17th among Chinese securities houses by operating revenue last year, down from first place in 2005. Mr Zhu resigned in 2014. Analysts said the deal between Tencent and CICC was a signal that the investment bank was looking to upgrade its retail platform.

中金公司去年營收排在中國券商第17名，遠低於2005年的第1名。朱雲來於2014年辭職。分析師們表示，騰訊與中金公司的這筆交易是一個信號，顯示這家投資銀行正尋求升級零售平臺。

“What brokerages lack the most is customer acquisition channels. Tencent has a huge user base and an extraordinary trove of data that CICC could analyse to identify new customers and target products and services,” said Zhang Jingwei, non-bank financials analyst at Northeast Securities in Shanghai.

東北證券(Northeast Securities)在上海的非銀行金融機構分析師張經緯說：“券商最缺乏的是客戶獲取渠道。騰訊擁有龐大的用戶羣和驚人的數據寶藏，讓中金公司可通過分析來識別新客戶，針對性地提供產品和服務。”