During the anti-corruption campaign launched against the financial sector, CITIC Securities became a negative model and paid heavy price for that.

In relation to the prospect of CITIC Securities, ANBOUND's research team is of the view that it is not necessary for CITIC Securities to restructure.

It is recommended that the relevant departments should uphold the principle of separation between personnel and institution and distinguish between the personnel who violated the rules from the institutions and retain CITIC Securities, as a whole, giving it a chance to shine again.