China’s Top Sales Firm Stays Undefeated

This year marks the tenth edition of亚博赞助欧冠’sAll-China Sales Team— and China International Capital Corp. has something to celebrate.

The domestic firm was once again voted No. 1 in the survey, which ranks overall sales coverage as well as specific coverage of the mainland China, Hong Kong, and Taiwan markets. This marks a full decade of CICC as the top overall sales provider.

More than 490 buy-side analysts and money managers representing 330 firms rated providers while considering attributes that included adding value to research, idea generation, service, and responsiveness, as well as the ability to add much needed global context as China enters its third pandemic year.

CICC的发言和整个销售行业的转型 - 或者更像是在CICC的股票股票负责人的股票主管的Covid-19自我的试验。

“中国的销售服务，特别是在CICC，在过去两年中越来越复杂，以应对持续的大流行影响，”他说。“受到非常严格的旅行限制和其他社会距离要求的限制，传统的销售服务已经改变为适合”新规范“”

海州致力于他公司对技术的投资以及其总体长期数字化倡议，以便继续为中国的客户提供全球客户的顶级，不间断的销售，贸易和企业访问服务。“海州认为，他的团队与研究团队合作的能力和广泛的地理销售网络有助于进一步区分“所有部分销售服务，包括帐户开放，企业访问计划和灵活的工作安排”。

Still, 2021 was a was a turbulent year for the Chinese market, according to Chaplin Tong, head of Hong Kong and China advisory sales for UBS. Chinese stocks underperformed the S&P 500 index by almost 50 percent following a $5.2 trillion sell-off in the MSCI China Index. “Heightened regulatory action in key industries like property, internet, and after-school tutoring; the common prosperity push; Covid flares and mobility restrictions leading to higher input costs; and ADR delisting risks all weighed on sentiment heavily,” Tong added. “Having said that, valuations are a lot more reasonable... We also see more policy easing, and we’re overweight China here.”

This means that, two years into the pandemic, the demand for on-the-ground color and coverage has been stronger than ever. “We have been gaining mind and market share with our on/offshore platform, leveraging our local expertise informed by global perspectives,” Tong said.

UBS took second place in the All-China Sales Team, up one spot from from last year. Huatai Securities ranked third, while Citi and Morgan Stanley placed fourth and fifth, respectively.

瑞银(UBS)也在国际销售排名,我mproving on last year’s second place finish. CICC followed UBS, with last year’s winner Citi dropping to third place. Morgan Stanley took fourth and Goldman Sachs rounded out the top five.

A third leaderboard based on the responses of solely mainland China respondents was also generated. CICC once again was No. 1 in this ranking, followed by Huatai Securities. UBS improved one spot to crack the top three as the highest-ranking global firm.

据彤表示，当涉及更多数据，瑞银在更多的数据中看到了更多的数据，循证研究需求，与公司的证据实验室能力建设一致。“A股包裹在结构上推动了更高的外国所有权，”他说。“国内和国际客户的需求和需求正在融合，越来越多地通过彼此的镜头构成投资辩论。”

据CICC的海州称，仍然仍然低于A股总市场价值的国际资本市场价值仍低于其他主要市场，这使得未来改善的潜力归因于此。“在资本改革开放的新机会下，”国内资本市场将继续开放，国际资本继续流入“，”他说。“随着投资者对研究的深度和广度有更高的要求，我们认为CICC的研究和销售团队可以为他们提供更高的质量和更高效的服务。”

In other milestones, 2021 marked the twenty years since China’s entry into the World Trade Organization, which is noteworthy according to Tong, who believes China will “open its door wider still.”

“The rebalancing of the economy is also critical to longer-term growth sustainability,” he added. “Foreign investors have been an increasingly important force in the A-share market, and we see this as a structural trend. UBS is in the sweet spot with our on/offshore setup, and early mover advantage as the first foreign full-licensed JV securities firm in China. We continue to see cross-asset, cross-border, and ADR homecoming as biggest opportunities.”

In addition to the All-China Sales Team,IIalso published the results of its ranking ofChina’s Top Corporate Access Providers, which closely mirrored the sales team results. CICC topped the overall survey, followed by UBS in second and the addition of more global firms down the ranks. Morgan Stanley took third, while Citi and JPMorgan Chase & Co. placed fourth and fifth, respectively.

与其他调查一样，创建了两个额外的排行榜，以捕捉国际和国内视野之间的差异。CICC占据大陆排行榜，而瑞银则为国际排名第1号。

但无论投资者所在的地方，自从大流行病的开始以来，企业进入继续发展，当时整个行业立即虚拟。

“自大流行爆发以来，我们的大部分企业访问活动从离线会议转向在线会议以来，”海州据CICC报道“。“对于那些觉得满足管理的客户，我们根据我们强大的公司联系，为他们安排了定制的公司访问旅行。”自2019年以来，在线公司呼叫增加了500％以上，上海最近的投资会议包括企业和投资者的现场和在线部分。

“When the Covid situation is brought under control, we believe in-person meetings are still more preferable for some clients,” he added. “However, going hybrid also gives the flexibility to keep things going without interruption under the ever-changing Covid situation.”

拥有两年多的经验和技术增强，CICC认为公司访问只能成为“更可扩展和用户友好”。