Morgan Stanley has built a very successful franchise in China, having worked with many clients there over the years. Morgan Stanley became the first international securities firm to participate in China's first joint venture investment bank, China International Capital Corporation Limited, in 1995. The Firm is also the first among its peers to have acquired 100% of a domestic bank in China, previously known as Nan Tung Bank Ltd. Zhuhai, in October 2006. The bank is now called Morgan Stanley Bank International (China) Limited. Morgan Stanley is an advisor on many of China's most complex and groundbreaking transactions, such as China Construction Bank's USD9.2 billion IPO in 2005.

With our offices in Beijing and Shanghai, a commercial banking entity in Zhuhai and our regional office in Hong Kong, we provide a wide range of services including financing, restructuring, M&A, research, fixed income and foreign exchange, to domestic and international clients.

Additionally, Morgan Stanley is active in private equity and real estate investments covering a wide range of high growth companies and developing commercial and residential property in select cities.

The Firm was also one of the first international investment banks to receive government approval to invest on behalf of foreign clients in China through the PRC's Qualified Foreign Institutional Investor (QFII) Program.

Morgan Stanley's highly regarded economists and strategists provide thought provoking insights on the Chinese economy and its role in the global economy, and cover select China-listed stocks.