R\'esum\'eLet $$E/{\mathbb {Q}}$$
E
/
Q
be a CM elliptic curve and p a prime of good ordinary reduction for E. We show that if $$\text {Sel}_{p^\infty }(E/{\mathbb {Q}})$$
Sel
p
∞
(
E
/
Q
)
has $${\mathbb {Z}}_p$$
Z
p
-corank one, then $$E({\mathbb {Q}})$$
E
(
Q
)
has a point of infinite order. The non-torsion point arises from a Heegner point, and thus $${{\,\mathrm{ord}\,}}_{s=1}L(E,s)=1$$
ord
s
=
1
L
(
E
,
s
)
=
1
, yielding a p-converse to a theorem of Gross–Zagier, Kolyvagin, and Rubin in the spirit of [49, 54]. For $$p>3$$
p
>
3
, this gives a new proof of the main result of [12], which our approach extends to all primes. The approach generalizes to CM elliptic curves over totally real fields [4].