CICC Chief Economist Peng Wensheng has retired at the age limit. Miao Yanliang, previously Managing Director and Chief Strategist at CICC, has taken over the role of Chief Economist. Peng Wensheng first served as CICC Chief Economist in October 2010, later worked at CITIC Securities and Everbright Securities, and returned to CICC in June 2020 as Head of Research and Chief Economist. Miao Yanliang joined CICC in 2023, having previously worked for ten years at the State Administration of Foreign Exchange and as an economist at the International Monetary Fund. CICC expects net profit attributable to shareholders of the parent company in the first half of 2026 to be between 7.708 billion and 8.227 billion yuan, a year-on-year increase of 78% to 90%.
China International Capital Corp LtdArticle reports CICC's expected profit surge but also a chief economist change; net impact unclear.
Dongxing Sec Co Ltd