China's CICC to open offices in Indonesia, Malaysia in SE Asia push

China's CICC to open offices in Indonesia, Malaysia in SE Asia push

FILE PHOTO: The company logo of China International Capital Corporation Ltd (CICC) is displayed at a news conference on the company's annual results in Hong Kong, China March 30, 2016. REUTERS/Bobby Yip/File Photo

China International Capital Corp (CICC) plans to expand its presence in Southeast Asia by opening offices in countries including Indonesia and Malaysia, said its investment banking head, as a slump in deals at home hurts its prospects.