CICC (03908.HK) Updates on Trading Suspension and Proposed Mergers

Bulletin Express12-03

China International Capital Corporation Limited (CICC, 03908.HK) announced that its proposed mergers involving Dongxing Securities and Cinda Securities remain subject to board and shareholder approvals, as well as clearance from regulatory authorities. According to the announcement dated December 3, 2025, no assurance can be given that the mergers will materialize or be consummated. Shareholders and potential investors are urged to exercise caution when dealing in CICC’s shares or its related securities.

CICC’s H shares, together with multiple U.S.-dollar-denominated notes issued by CICC Hong Kong Finance 2016 MTN Limited (stock codes: 4309, 4310, 5718, 5824, and 40562), have been suspended from trading on The Stock Exchange of Hong Kong (HKEX) since November 20, 2025. Trading in the company’s A shares (601995.SH) listed on the Shanghai Stock Exchange was also halted on the same date. The suspension will remain in effect pending regulatory confirmation regarding compliance requirements for the proposed mergers and the release of a further announcement containing inside information.

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