Boc International (China)

What Boc International (China) does

BOC International (China), legally 中银国际证券股份有限公司, is a Shanghai-headquartered, fully licensed Chinese securities firm established on 2002-02-28 under CSRC approval and listed on the Shanghai Stock Exchange Main Board (601696.SH) on 2020-02-26. The firm operates as the securities-vehicle arm of the Bank of China Group, with BOC International Holdings as controlling shareholder (~33.42% as of March 2026) and CNPC Capital as the second-largest holder (~14.32%). It maintains 32 subsidiaries and 88 securities business departments across more than 110 branches in Shanghai, Beijing, Shenzhen, Guangzhou, Nanjing, Wuhan, and other major Chinese cities, supported by a registered capital of RMB 2.778 billion.

The company's product surface spans four interconnected business lines: investment banking (IPO, refinancing, M&A advisory, corporate and financial bond underwriting — including landmark mandates such as Bank of China's RMB 600 billion tier-2 capital bond and a Belt-and-Road digital RMB corporate bond for Zhanglong Group); wealth management (brokerage, margin financing at 8.35%, securities lending at 10.35%, stock-options and quote-repurchase services, plus the 中银伴你投 fund advisory product); asset management (collective, single, public, and specialized accounts via wholly-owned 中银国际投资 and 中银资本投资控股); and institutional research and prime brokerage. Underpinning these lines is a proprietary software stack including the 通达信新一代 trading system (V8.30), 同花顺远航版 terminal (V11.3.35.1), the 中银证券新一代APP, the ATX Intelligent Trading System embedding Kafang algorithms, and the 汇点 options trading system.

Revenue is generated through multiple streams: transaction-fee-based brokerage across A-shares, B-shares, GEM, STAR Market, Stock Connect, and OTC markets; one-time fees from underwriting and financial advisory; recurring management and performance fees on asset management AUM; usage-based interest from margin financing and securities lending; proprietary-book trading returns; and subscription-based investment advisory. Distribution combines a sales-led branch and field-sales model for enterprise and high-net-worth clients with self-serve digital channels (website, mobile app, PC terminals) for retail customers, while wholly-owned subsidiary 中银国际期货 provides futures brokerage intermediated via the parent.

Name

Boc International (China)

Legal name

中银国际证券股份有限公司

Website

https://bocichina.com

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

501–1,000 employees

Short description

BOC International (China) is a Shanghai-headquartered, full-license Chinese securities firm (601696.SH) serving retail, institutional, and corporate clients via investment banking, wealth and asset management, brokerage, and research, anchored by Bank of China Group ownership and 110+ branches.

Ownership category

akta.pro rank

Product category

Securities & Investment Banking

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

akta.pro secondary industries

Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI), Securities Borrowing & Lending (Equities/Bonds) (FSACAIAC)

Keywords

• Securities brokerage services
• Investment banking
• Asset management
• Margin financing lending
• Investment advisory

Headquarters

HQ city

Shanghai

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. 证券经纪业务: Agency trading services for A-shares, B-shares, GEM, New Third Board, STAR Market, Stock Connect, cross-border securities, funds, bonds with commission-based revenue model
2. 证券承销与保荐: IPO, refinancing, corporate bond underwriting, and financial advisory services with one-time fees upon successful completion
3. 资产管理: Asset management services including collective asset management, single asset management, public funds, and specialized asset management products with management fee and performance fee structures
4. 融资融券业务: Margin lending and securities borrowing with interest income from financing (8.35% rate) and fee income from securities lending (10.35% rate)
5. 证券自营: Proprietary securities investment using company自有资金 with long-term investment and absolute return philosophy
6. 投资咨询: Investment advisory services including securities investment advisory, investment consultation, and fund investment advisory (中银伴你投)

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

BOC International Securities (中银国际证券股份有限公司) is a full-license Chinese securities firm that provides investment banking (IPO, refinancing, bond underwriting, financial advisory, M&A), securities brokerage for retail and institutional investors, margin financing and securities lending, asset management (collective, single, public funds, and specialized accounts), securities research, proprietary trading, and prime brokerage. It distributes these services through 32 subsidiaries and 88 securities business departments across China, supported by proprietary trading platforms (Tongdaxin, Tonghuashun, New Generation APP, ATX intelligent trading system) and operates within the Bank of China Group ecosystem.

Product overview

BOC International Securities (中银国际证券股份有限公司) operates as a full-license securities firm offering multiple interconnected business segments. The company provides investment banking services (equity/debt financing, financial advisory, M&A), asset management (collective/single/public funds, specialized asset management), wealth management (brokerage, margin trading, stock options, fund advisory), research services, and proprietary trading. Key software products include desktop trading platforms (中银证券通达信网上交易新一代系统, 中银证券同花顺远航版), mobile app (中银证券新一代APP), and ATX intelligent trading system. The company also operates three wholly-owned subsidiaries: 中银国际投资 (private equity), 中银资本投控 (alternative investment), and 中银国际期货 (futures brokerage).

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Banking Services (投资银行业务) Investment banking services including equity financing (IPO, refinancing), financial advisory (M&A, restructuring), debt financing (corporate bonds, financial bonds, ABS), and New Third Board business for corporate and institutional clients.
• Asset Management Services (资产管理业务) Asset management services including collective asset management, single asset management, public funds, specialized asset management, and investment advisory for institutional and retail clients.
• Wealth Management Services (财富管理业务) Wealth management covering securities brokerage, margin financing, stock pledge, stock options, futures brokerage, product distribution, investment advisory, PB services, and securities firm settlement for retail and institutional clients.
• Research Services (研究业务) Securities market research services producing research reports covering macroeconomics, fixed income, strategy, financial engineering, banking, non-bank finance, medicine, food & beverage, light industry, power equipment & new energy, chemicals, machinery, automobiles, computers, electronics, and media, for institutional and retail clients.
• BOC Companion Investment (中银伴你投) Fund Advisory Service One-stop fund investment advisory service where BOC Securities makes fund investment decisions on behalf of investors, executing subscription, redemption, and conversion transactions, providing full-delegation asset management services.
• Prime Brokerage Services (PB业务) Prime brokerage services including front-end trading support with quantitative trading systems and ultra-fast trading channels, algorithmic trading services, middle-office operations including fund administration, valuation, capital aggregation, and information disclosure for institutional clients.
• Pledge-Style Quote Repurchase Service (报价回购业务) Pledge-style quote repurchase where the securities firm pledges eligible proprietary assets as collateral to raise funds from clients through firm quotes and client acceptance at agreed repurchase dates.
• BOC International Securities Tongdaxin Online Trading New Generation System (中银证券通达信新一代系统) Desktop trading software supporting northbound exchange business, Shanghai-Shenzhen stock options including combination strategies and exercise instruction combined declarations, STAR Market, batch new stock subscriptions, options trading, margin financing, OTC business, LOF funds, delayed Hong Kong stocks and futures quotes. Version V8.30.
• BOC International Securities Tonghuashun Yuanhang Version (中银证券同花顺远航版) PC financial terminal built with latest AI technology integrating quotes, trading, information, stock selection, and consulting, with visual charting and intelligent stock screening. Version V11.3.35.1.
• BOC International Securities New Generation APP (中银证券新一代APP) Mobile trading terminal integrating mobile stock trading, fund management, and business processing with millisecond-level quote trading, secure operations, and wealth management products, supporting 7x24 account opening. Version 7.00.050.
• BOC International Securities ATX Intelligent Trading System (中银证券ATX智能交易系统) Full-link intelligent trading execution system for professional investors covering ultra-fast quote display, regular trading, algorithmic trading, T0 strategy trading, basket trading, and subscription trading, integrating Kafang intelligent algorithms including active algorithm PLUS, intelligent algorithm CORE, reduction algorithm, and T0 algorithm series.
• Huidian Stock Options Trading System (期权交易系统汇点) Stock options trading PC terminal combining options quotes and trading functions, offering full-market quote display, multiple order methods (flash hand, flash spirit, price, mouse, keyboard), multiple strategy combinations and custom strategies with portfolio management and monitoring.

Quantifiable outcome

• 连续多年荣获浦东新区金融业突出贡献奖
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• 中银国际期货有限责任公司coreOthersWholly-owned subsidiary providing futures brokerage services; BOC International Securities acts as intermediary introducing client business to the futures company
• 中银国际投资有限责任公司coreOthersWholly-owned subsidiary engaged in private equity fund management and equity investment business with registered capital of 2 billion yuan
• 中银资本投资控股有限公司coreOthersWholly-owned subsidiary engaged in industrial investment, equity investment, and investment management with registered capital of 1.7 billion yuan

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CITIC Securities: China's largest full-service securities firm, offering investment banking, brokerage, asset management, and proprietary trading. Directly comparable to BOC Securities across the entire securities value chain, with significantly greater scale.
• CICC (China International Capital Corporation): Leading Chinese investment bank with strong institutional and investment banking franchises. Direct competitor to BOC Securities in ECM, DCM, M&A advisory, and wealth management, with comparable full-license scope.
• Huatai Securities: Top-tier Chinese securities firm with full-license operations across brokerage, investment banking, asset management, and proprietary trading. Directly comparable in product mix and target client segments to BOC Securities.
• Guotai Junan Securities: One of China's largest brokers by assets and revenue, with strong research and institutional franchises. Directly competes with BOC Securities in investment banking league tables and institutional brokerage.
• Haitong Securities: Large Chinese full-service securities firm with comparable business lines including brokerage, investment banking, asset management, and proprietary trading. Direct peer in the Shanghai-headquartered broker landscape.
• China Merchants Securities: Full-license Chinese broker with strong investment banking and asset management franchises. The CFO of BOC Securities previously worked at China Merchants Securities, reflecting the close talent and competitive overlap between the two firms.
• China Galaxy Securities: State-affiliated Chinese securities firm with full broker-dealer operations. Comparable peer given similar SOE-shareholder structure and broad product offering across retail and institutional segments.
• Industrial Securities: Mid-to-large full-service Chinese broker with comparable investment banking, brokerage, and asset management capabilities. Direct competitor in mid-cap underwriting and wealth management.
• Everbright Securities: Full-service Chinese securities firm with similar product breadth and SOE-linked shareholder base. Direct competitor, and notably the current CIO of BOC Securities previously held senior technology roles at Everbright Securities.
• Shenwan Hongyuan Securities: Major Chinese securities firm formed from the merger of Shenyin & Wanguo and Hongyuan Securities, offering brokerage, investment banking, and asset management. Comparable in scale and full-license product offering to BOC Securities.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments13 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Boc International (China)