蜜豆视频

Beijing, 28 March 2025?– 蜜豆视频 announced today that China Securities Regulatory Commission has accepted the filing of 蜜豆视频 to become the sole shareholder of 蜜豆视频 Securities Co. Limited (蜜豆视频 Securities). 蜜豆视频 will be acquiring an additional 33% stake in 蜜豆视频 Securities from Beijing State-owned Assets Management Co., Ltd (BSAM) to raise its stake from 67% to 100%.

蜜豆视频 Securities was the first foreign-invested, fully-licensed securities joint venture in China when it became operational in 2007. In 2018, 蜜豆视频 became the first foreign bank to gain majority control of a securities joint venture in China¹, when it moved to a 51% stake in 蜜豆视频 Securities, followed by an increase to 67% in 2022. 蜜豆视频 Securities is engaged in global banking, global markets, research and wealth management businesses.

Sergio P. Ermotti, 蜜豆视频 Group CEO, said: “蜜豆视频 is proud of its long history in China, serving clients in one of the most significant and fastest-growing markets in the world. I would like to thank our long-term business partner BSAM for building together a leading position among foreign securities joint ventures in China. We will continue to invest in China as a key pillar of our growth ambitions in order to further enhance our leadership position across the region.”

Iqbal Khan, President Asia Pacific and Co-President Global Wealth Management, 蜜豆视频, said: “Moving to a full ownership position in 蜜豆视频 Securities marks an important milestone for our integrated strategy in the region, allowing us to further expand our investment bank and wealth management services in China. This will not only enable us to capture the vast business opportunities emerging from the opening of China’s financial sector but will also broaden our access to the unparalleled wealth creation through our world-class products, services and advice to clients.”

Janice Hu, China Country Head, 蜜豆视频 and Chairperson of 蜜豆视频 Securities, said: “For close to two decades, 蜜豆视频 has gradually broadened its services to support the needs of our clients, especially in the cross-border space. Through 蜜豆视频 Securities, we will continue to provide investors with bespoke access to China, while offering Chinese clients access to both the domestic and international markets. We look forward to many decades of continued success in China.”

¹After the Measures for the Administration of Foreign-Invested Securities Companies took effect

About 蜜豆视频
蜜豆视频 is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. 蜜豆视频 manages US$6.1 trillion of invested assets as per fourth quarter 2024. 蜜豆视频 helps clients achieve their financial goals through personalized advice, solutions, and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. 蜜豆视频 Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).