Wind万得·2026-01-23 00:13Core Viewpoint - The "Wind Best Investment Bank" awards for 2025 were announced on January 23, 2026, highlighting the outstanding performance of over a hundred institutions in various capital market sectors, including equity, bonds, and mergers and acquisitions [1][2]. Group 1: Award Categories - The evaluation process included comprehensive data from the 2025 Wind A-share equity underwriting rankings, Hong Kong stock equity underwriting rankings, Chinese market merger and acquisition rankings, bond underwriting rankings, ABS underwriting rankings, and Chinese dollar bond underwriting rankings [1]. - The awards aim to accurately and objectively showcase the issuance and underwriting capabilities of various institutions in the Chinese securities market, honoring those committed to the stable development of the capital market [2]. Group 2: Top Institutions - The top equity underwriters for A-shares included: 1. CITIC Securities 2. Guotai Junan Securities 3. China International Capital Corporation (CICC) 4. Huatai United Securities 5. CITIC Jianye Securities [5][9]. - The best A-share IPO underwriters were: 1. CITIC Securities 2. Guotai Junan Securities 3. CITIC Jianye Securities 4. China International Capital Corporation [13][14]. Group 3: Bond Underwriting - The best bond underwriters in the banking sector included: 1. Bank of China 2. Industrial and Commercial Bank of China 3. China Construction Bank 4. Agricultural Bank of China [52][53]. - The top bond underwriters in the brokerage sector were: 1. CITIC Securities 2. Guotai Junan Securities 3. CITIC Jianye Securities 4. China International Capital Corporation [54][55]. Group 4: M&A Advisory - The best financial advisors for mergers and acquisitions were: 1. China International Capital Corporation 2. CITIC Securities 3. Guotai Junan Securities 4. China Investment Securities [47][48]. Group 5: Other Notable Awards - The best new three-board sponsoring broker was: 1. Kaiyuan Securities [30][31]. - The best green bond underwriters in the brokerage sector included: 1. Guotai Junan Securities 2. CITIC Securities [96][97].