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A staff member of CITIC Construction Investment is giving a lecture to the trainees. Image source: Official account of "CITIC Construction Investment Securities Investment Education Base".

Recently, a video circulated on the Internet showed that a social media user who claimed to be an intern at CITIC Construction Investment Group Co., Ltd. recorded a day of work in the investment banking department. The video information not only showed that he drove a Beijing-licensed luxury car to and from get off work, but also leaked IPO project information.

Subsequently, CICC issued an emergency statement, but the word it used in the statement was not "intern" but "study". The statement said: "Upon investigation, the student was illegally introduced into the company's research and study department by the head of a team in the company's investment bank."

In recent years, CITIC Construction Investment Group has begun to implement the Entrepreneur Office Study and Research Program, and some of the study and research activities are aimed at the children of Entrepreneur Office clients. However, when a reporter from Wancaishe interviewed CITIC Construction Investment Group on July 28, relevant personnel said that the people involved were not from the "Entrepreneur Office Study and Research Activities."

　A Recruitment targets are "Children of clients of CITIC Financial Holdings Entrepreneur Office"

Although research and study activities are not common, according to the information retrieved from the Internet, financial institutions have successively held research and study activities in the past one or two years, claiming to help students understand the capital market, enrich financial knowledge, and expand their financial network. The content of the research and study activities covers macroeconomic analysis, securities investment strategies, investment and financial management directions, etc., allowing these young students to simulate investment decisions in a real market environment and understand the operating mechanism of the financial world. The outside world believes that this type of research and study activities are not just simple projects, but also provide wealth inheritance services that are valued by entrepreneurs and their families.

Pictures circulated online show that CITIC Construction Investment Securities once hosted a study and research activity called "Rush Forward, the Next Wave", and its recruitment targets were "children of clients of CITIC Financial Holdings' Entrepreneur Office (undergraduate and master's students)."

Nanduwan Finance checked the official account of CITIC Construction Investment Securities, "CITIC Construction Investment Securities Investment Education Base", and found that in January this year, the "Rush Forward, the Next Wave" study and research activity guided by CITIC Financial Holdings and hosted by CITIC Construction Investment Securities held its opening ceremony at CITIC Construction Investment Securities Investment Education Base - Jingxin Academy.

The article shows that the 19 students participating in the study tour came from Tongji University, Sun Yat-sen University, King's College London, University of Melbourne and other universities.

In terms of the content of the event, relevant personnel from CITIC Securities gave the on-site students an "Introduction to Financial Quotient", introducing the development history of the world's securities market and my country's securities market, as well as investment products and investor suitability, correct investment concepts, anti-fraud precautions, and investor rights protection methods. The students also played the 101-minute Fortune Compass game, The Sims, in groups.

According to the pictures in the above-mentioned official account article, this event is the fourth Entrepreneur Office Study Program.

　　B Entrepreneur Office provides comprehensive financial services for high-end customers

The Entrepreneur Office of CITIC Construction Investment Securities, which organizes study tours for clients' children, was established in August 2023. According to the official WeChat account of CITIC Construction Investment Securities, the high-end customer strategy is one of the "three major strategies" that CITIC Construction Investment Securities has always adhered to. The Entrepreneur Office of CITIC Construction Investment Securities is a major measure to further implement this strategy. It will provide customers with comprehensive financial services throughout their life cycle with the original intention of financial services serving the real economy.

How will comprehensive financial services be provided to customers? The official account introduced that CITIC Securities Entrepreneur Office will coordinate the company's three core business lines of investment banking, brokerage and institutions, and mobilize 11 major business departments and subsidiaries including the Fixed Income Department, Research and Development Department, Securities Finance Department, Derivatives Trading Department, Asset Management Department and CITIC Securities Fund to provide customers with comprehensive, efficient and high-quality customized professional financial solutions.

On July 28, when a reporter from Wancaishe interviewed CICC, a relevant person said that the person involved was not from the "Entrepreneur Office Study Activities", but was illegally introduced by the head of a team in the company's investment bank. The company has dismissed the head and will hold the head of the investment banking department accountable.

　The “leaked” research student is not a sports major

Public information shows that Wang, a student at CICC who was involved in the "leakage" scandal, is from Beijing. In 2023, he was qualified for the high-level martial arts teams of Xiamen University and Huazhong University of Science and Technology. The two schools' requirements for the cultural scores in the college entrance examination are both no less than 65% of the second batch of undergraduate admission control scores in the province of origin. In the end, he was admitted to the School of Public Administration of Huazhong University of Science and Technology, not the School of Physical Education as circulated on the Internet.

According to an article on the WeChat public account of the School of Physical Education of Huazhong University of Science and Technology, Wang, as a member of the school's high-level martial arts team, represented China in the Asian University Wushu Championships held in Harbin from June 19 to 22, 2024, and won the gold medal in men's traditional boxing and the silver medal in traditional single-weapon southern sword. The event was hosted by the Asian University Sports Federation and co-organized by the Chinese University Sports Federation. It has three major events and more than 80 minor events, with more than 400 athletes from teams from 12 countries and regions in Asia participating.

Written by: Nandu Wancaishe reporter Wang Yufeng