China Merchants Securities (UK) Limited ("CMS UK"), incorporated in London in Oct 2013, is approved by the Financial Conduct Authority on 17th JUNE 2014 to conduct listed derivatives brokerage activities in the UK.

CMS (2014-06-23 15:06) [Full Text]

The missions of CMS UK are to bridge the needs of clients on cross-border investment and financial services between UK (and the EMEA region) and the People’s Republic of China ("PRC").  CMS UKwill facilitate and support the internationalization of RMB by leveraging the unique leading market position and footprint of its parent companies in the PRC, namely China Merchants Securities ("CMS", a top investment bank in PRC) and China Merchants Group ("CMG", a top conglomerate owned by the PRC government), as well as the unique proposition of London as a critical global financial center and the key offshore RMB center in the world. 

The business strategy of CMS UK is to start with providing commodities risk management platforms and services to meet the huge demand from the PRC to hedge the global natural resources price risks on the London Metals Exchange, Intercontinental Exchange Europe, London Bullion Market Association and London Platinum and Palladium Market in UK; it would then gradually extend to become a comprehensive investment bank with particular focus on offshore RMB and EMEA-PRC-cross-border initiatives. 

CMS UK is a crucial part of the globalization strategy of CMS, which wholly owns CMS UK and fully committed at building CMS UK as a regional hub in the EMEA region

Founded in 1991, China Merchants Securities is a top 5 investment bank in PRC with leadership positions in the domestic markets including areas of equities, fixed income, equity and debt capital markets, securities and futures brokerage, commodities, asset management, private equity, , research, and leveraged and structured finance. CMS has over 100 branches in more than 60 cities in PRC with over 8000 staff, serving over 4 million of clients in PRC.  CMS is the first PRC domestic securities firm that has obtained the clearing memberships on the CME Group, including Chicago Board Of Trade (“CBOT”), the New York Mercantile Exchange (“NYMEX”) and Commodities Exchange (“COMEX”).  CMS was listed in the Shanghai Stock Exchange in 2009, and is 45.8% owned by China Merchants Group.

 China Merchants Group was founded in 1872 and is a top 10 state-owned enterprise under the PRC government.  As a forerunner of the China’s national industry and commerce, CMG had built the first commercial fleet, established the first commercial bank, the first insurance company, the first telegram office and the first railway in the modern China.  By end of 2012, CMG recorded total assets of USD 62.7 billion and assets-under-management of USD 601 billion, with core businesses in transportation and infrastructure, financial services, and real estate.  CMG is a controlling or significant shareholder of more than 20 listed companies in PRC, Hong Kong and US, with a total market capitalization of over USD 100 billion.

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