Established in 1995, CITIC Securities offers a range of financial services including underwriting, research, brokerage, asset management, wealth management, and investment advisory. Headquartered in Shenzhen, Guangdong Province, it is listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange. The company has received several awards for its equity and brokerage services, and has made notable acquisitions such as CLSA and Russell Investments. However, it has also faced legal investigations and controversies, including allegations of insider trading and bond defaults. Despite these challenges, CITIC Securities remains a leading player in the Chinese investment banking industry.