CITIC Securities Brokerage (HK) Launches Wealth Management Account CITICS Plus

CITIC Securities Brokerage (HK) Launches Wealth Management Account CITICS Plus

Enjoy the First-class Wealth Management Service to Build Wealth

Hong Kong, Thursday, 27 September 2018 – CITIC Securities Brokerage (HK) Limited (“CITIC Securities Brokerage HK”) is pleased to announce the launch of CITICS Plus, a first-class one-stop wealth management account that offers a wide range of financial products, professional services and asset management solutions to help high net worth individuals (“HNWI”) meet their financial goals and build wealth.

CITICS Plus’s wealth management platform provides premium, flexible and goal-oriented investment services. Customers can enjoy the benefits of diversification from multi-asset investment opportunities spanning mutual funds, bonds and structured products. With up to 70% margin ratio on selected products, CITICS Plus provides clients with financing flexibility to manage investment portfolios and maximise reinvestment opportunities.

Mr. Matthew Chan, Head of Product Management at CITIC Securities Brokerage HK, commented: “There is growing demand for sophisticated and tailor-made wealth management services among HNWI. CITICS Plus was specifically designed to satisfy their appetite for product diversity, financing flexibility and quality of service. With a wide offering of financial products and highly personalised services, CITICS Plus enables HNWI to manage their financial portfolios and seize every investment opportunity.”

Mr. Leo Li, Head of Wealth Management & Equity Sales of CITIC Securities Brokerage HK, said: “Leveraging its extensive experience in servicing HNWI in China and its deep understanding of the Greater China market, CITIC Securities Brokerage HK is the sole wealth management company in Hong Kong to represent CITIC Securities Company Limited, the largest securities company in China in terms of asset under management¹. As of August 2018, CITIC Securities Brokerage HK had HK$86.4 billion (US$11.1 billion) in assets under management, custody, and/or advice, on par with regional private banks.”

Mr. Tony Leung, Chief Executive Officer of CITIC Securities Brokerage HK, highlighted: “Our strong onshore and offshore track record gives us a clear competitive advantage over international private banks targeting Chinese HNWI, enabling us to complete new clients’ onboarding processes more effectively and significantly faster.”

He added: “For us, the sweet spot is the fast growing segment of Chinese HNWI with assets between HK$5 million and HK$12 million, who are often neglected by private banks with entry levels of HK$12 million to HK$20 million and under-serviced by retail banks that offer them unsuitable products and services.”

“CITIC Securities Brokerage HK is shifting its focus towards wealth management services. We have established a dedicated team of wealth managers to provide services to Chinese customers in Northern, Southern and Eastern China, with liaison points in key provinces and cities and CITICS Plus will enable us to expand our footprint. The launch of CITICS Plus is in line with CITIC Securities Company Limited’s strategy to offer both onshore and offshore products and services.”

Mr. Tony Leung, Chief Executive Officer, CITIC Securities Brokerage HK; Mr. Alan Fan, Chief Operating Officer; Mr. Leo Li, Head of Wealth Management & Equity Sales; Mr. Eddy Lau, Head of Retail & High Net Worth Brokerage and Mr. Matthew Chan, Head of Product Management hosted a launch ceremony for CITICS Plus on 20 September 2018 at CITIC Tower in Hong Kong.

From left to right: Mr. Leo Li, Head of Wealth Management & Equity Sales, CITIC Securities Brokerage HK; Mr. Alan Fan, Chief Operating Officer; Mr. Tony Leung, Chief Executive Officer; Mr. Eddy Lau, Head of Retail & High Net Worth Brokerage and Mr. Matthew Chan, Head of Product Management

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How to apply for CITICS Plus

From now to 31 December 2018, become a CITICS Plus customer with a minimum account opening balance as low as HK$3 million! Customers will also enjoy the high-end airport lounge experience bought by Plaza Premium First’s welcome gift card². For more information about CITICS Plus, please contact our Customer Service Hotline at +852 2237 9338 or China Toll Free Line at +86 400 818 0338 or visit our website at www.csb.com.hk.

About CITIC Securities Brokerage (HK) Limited

CITIC Securities Brokerage (HK) Limited (CSB) is the international wealth management and retail broking arm of CITIC Securities Company Limited. Our dedicated team of wealth management professionals provides tailor-made financial solutions to clients in China and beyond, across a variety of asset classes that include securities and futures trading, margin financing, investment advisory, custodian and nominee services.

Headquartered in Hong Kong, CSB offers clients access to a network of retail branches across the city and a dedicated centre for Corporate and High Net Worth clients. The company also provides professional brokerage services in Japan, Singapore, the Philippines, Thailand, Malaysia, Australia and the United States. 

With a wide range of wealth management services and the best-in-class trading solutions, CSB strives to unify and simplify the customers experience by providing multi-market, multi-asset trading solutions which seamlessly integrate with multiple electronic devices. This one-stop solution enables retail clients, corporate and high-net-worth individuals, as well as institutional investors to manage their finances, protect and build their financial futures. For more information about the company and its services, please visit www.csb.com.hk.

For enquiries:

Annette Ho      +852 2237 9129                      annetteho@citics.com.hk

Note:

1.      CITIC Securities Company Limited Annual Report 2017.

2.      Terms and conditions applied. Please refer to the relevant leaflet for details.