On November 5, CICC Wealth, a wholly-owned subsidiary of China International Capital Corporation Limited (CICC), announced the appointment of Chen Liang as its Chairman. Notably, Chen currently serves as Chairman of CICC, and this cross-entity appointment is widely interpreted as a strategic move to deepen integration within the "CICC ecosystem" and strengthen synergies in the group's wealth management business. The leadership transition follows the retirement of former Chairman Gao Tao.

As the core platform for CICC's wealth management operations, CICC Wealth has achieved rapid growth in recent years through equity transfers and business consolidation. In the first half of 2025, its revenue surged 46.74% year-on-year, while net profit soared 88.66%, contributing nearly 30% of CICC's total revenue and over 20% of its net profit.

Chen Liang, a veteran in the securities industry with over 30 years of experience since entering the field in 1994, has held key roles across frontline branches and senior management. Prior to joining CICC, he served in leadership positions at major brokerages, including Deputy General Manager of Hongyuan Securities and Chairman of Hongyuan Futures (2009–2015), as well as executive roles at Shenwan Hongyuan Group and Galaxy Securities (2014–2023).

Chen joined CICC in October 2023 as Party Committee Secretary and Chairman of the Management Committee, assuming the role of CICC Chairman in November. His concurrent appointment at CICC Wealth signals a unified leadership structure, reinforcing business coordination within the group.

The transition follows earlier management changes at CICC Wealth, including the departure of Deputy General Manager Liang Dongqing on October 25. The retirement of former Chairman Gao Tao, who had led the company since 2015 (then known as China Investment Securities), paved the way for this reshuffle. Gao oversaw the firm's integration into the CICC group, culminating in its rebranding as CICC Wealth in 2019.

CICC Wealth's evolution into CICC's flagship wealth management platform traces back to a multi-year integration process. In 2016, CICC acquired China Investment Securities from Central Huijin, completing regulatory approvals and rebranding by 2019. Full operational integration was achieved in 2021, with the transfer of CICC's wealth management branches and client assets.

Financial results underscore the success of this integration: as of June 30, 2025, CICC Wealth reported total assets of RMB 193.37 billion and net assets of RMB 20.2 billion. Its H1 2025 revenue (RMB 3.821 billion) and net profit (RMB 987 million) accounted for 29.79% and 22.79% of CICC's total, respectively, cementing its role as a key growth driver.