Committed to cross-border investment and financial services between Mainland China and Europe, Africa and Middle East

On June 17, CMS obtained a business license approved by the UK Financial Conduct Authority, which marked the official operation of CMS UK in the Square Mile of London and came with strengthened economic ties between China and the UK in the wake of the three-day visit of Chinese Premier Li Keqiang to the UK. The British government said in an official press release that the move of China Merchants Securities would help expand the scale of bulk commodity trading in London, play a significant role in RMB internationalization and help London consolidate its position as the world's second largest offshore RMB trading center.

The opening of CMS UK is another new breakthrough CMS has achieved in innovative development and international operation. As the regional headquarters in Europe, Middle East and Africa, CMS UK commits itself to cross-border investment and financial services between the region and Mainland China, especially to development in the commodity resources sector and offshore RMB business field. Next, CMS UK will apply to become a clearing member of London Metal Exchange (LME) and Intercontinental Exchange (ICE) to meet the risk management requirement of Chinese commodity resources enterprises for foreign bulk commodity.