Within the modern financial system, investment banks are responsible for the important roles of meeting financing needs, enhancing resource distribution, improving enterprise strengths, promoting industry concentration and enabling economies of scale. Over thirty-two years, BOCI and its predecessor have upheld the good tradition of BOC in introducing the best practices of the international financial industry and exerting itself within the investment banking section, which reflects its commitment and contribution to the robust and sustained development of the Hong Kong and Mainland China capital markets.

As the wholly-owned subsidiary investment bank of BOC, BOCI represents an organic component of the comprehensive service platform of BOC. BOCI is devoted to becoming the best investment bank in China and exceling amidst the intense competition on the international capital market. It has promoted and established BOCI Securities Limited in China to provide its customers with all-round professional cross-border financial products and services, which in turn promotes the long-term prosperity and stable development of the capital market in China. As at today, BOCI has set up a professional team equipped with international vision and extensive experience in the local market, and has turned itself into a full-function cross-border investment bank that encompasses the highest variety of businesses, the widest service coverage, the richest operating experience in the capital market, and the most comprehensive business system amongst all Chinese investment banks.

As at the end of 2010, BOCI has completed equity financing projects in the accumulated amount of US$160 billion, bond financing projects of US$76 billion, M&A projects of US$80 billion, and possessed a customer assets management portfolio of US$36 billion. It has led the establishment of three major industrial investment funds, namely China Cultural and Media Investment Fund, Bohai Industrial Investment Fund and BOCI Infrastructure Fund. It is also the first financial institution to obtain the settlement member qualification on the Chicago Mercantile Exchange. After years of development, BOCI enjoys leadership in respect of a number of areas including security underwriting, debenture underwriting, stock spot trading and assets management in Hong Kong. It also occupies a leading position in the markets of security underwriting and debenture issue in Mainland China.

Looking ahead, the Chinese economy will maintain a steady growth momentum at a relatively high speed. At the same time, the Twelfth Five-Year Plan of the nation has clearly stipulated support for building Hong Kong as an offshore renminbi business center and international assets management center. The capital markets in Hong Kong and the Mainland China are therefore full of potential and rich prospects. Under the pertinent leadership of the Bank of China Headquarters and the board of directors of the Company, BOCI will capitalize on the Headquarters’ effort in implementing comprehensive reform and development, in order to incessantly perfect its own administration system and continuously enhance the core competitiveness of its investment banking businesses, which will in turn create the optimal value for its customers, shareholders, staff and the community, while kicking off new chapters for BOCI in various areas!

Li Tong