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Securities Industry In China
Securities industry in China is an article on the securities industry in mainland China. History *1995, China's first joint venture investment bank – China International Capital Corp (CICC) was established, shareholders included Morgan Stanley International. *March 2002, Changjiang Securities and BNP Paribas signed the Sino-foreign joint venture securities companies’ framework agreement, establishing the first joint-venture securities company after China entered the WTO. *June 2002, China Securities Regulatory Commission issued the "Establishment of Securities Companies with Foreign Equity Participation Rules", setting the maximum stake at 33% for foreign joint venture partners. The measure was implemented on July 1, 2002. *2004, Goldman Sachs Group joined with Gao Hua Securities to establish a joint venture Goldman Sachs Gao Hua Securities in order to enter China market. *September 2005, UBS Restructuring of Beijing Securities Project, preparation of UBS Securities was ap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qualified Foreign Institutional Investor
The Qualified Foreign Institutional Investor () program, one of the first efforts to internationalize the RMB, represents China's effort to allow, on a selective basis, global institutional investors to invest in its RMB denominated capital market. Once licensed, foreign investors are permitted to buy RMB-denominated "A shares" in China's mainland Shanghai and Shenzhen stock exchanges. Thus foreign investors benefit from an opportunity to invest onshore, which is otherwise often insulated from the rest of the world, and subject to capital controls governing the movement of assets in-and-out of the country. Development The program has been in operation for over a decade, and quotas allocating RMB under licenses have expanded steadily. By the end of April 2011, 103 licensed QFII investors had been granted a combined quota of $20.7 billion to invest in China's capital markets under the QFII program, UBS AG currently holds the greatest single share of quota. Foreign access to China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BOC International
BOC International Holdings Limited, shortly BOCI, is the wholly owned subsidiary of Bank of China, which offers investment banking and securities brokerage services. It was established in 1998 and headquartered in Hong Kong. It has subsidiaries in New York, London, Singapore, Beijing, Shanghai, Guangzhou Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kon ... and Chongqing. Notable staff * Marshall Nicholson, vice-chairman of investment banking division (2007−2012), one of the first senior foreign hires at any Chinese bank References External linksBOC International Holdings Limited {{Authority control Bank of China Financial services companies established in 1998 Banks established in 1998 Investment banks in China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shenwan Hongyuan
Shenwan Hongyuan () is a securities brokerage company in China which engages in the operation of large-scale comprehensive securities broking and trading services. The company was founded in 1996 and is headquartered in Xinjiang, China. History Shenwan Hongyuan is the result of multiple mergers of Chinese securities firms. The company was first established on September 16, 1996 as Shenyin & Wanguo Securities via a merger between Shenyin Securities and Wanguo Securities. The merger happened in response to the "327 incident" which occurred in 1995. It involved a placement of a huge sell order on three-year government bond futures shortly before the close of trading on February 23. The transactions were discovered Shanghai Stock Exchange and nullified resulting in Wanguo Securities almost going bankrupt. Wanguo Securities' president, Guan Jinsheng was sentenced to 17 years in jail for market manipulation and his firm was forced to merge with Shenyin Securities. In 1998, the compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ping An Securities
Ping An Insurance known also as Ping An of China (), full name Ping An Insurance (Group) Company of China, Ltd. is a Chinese holding conglomerate whose subsidiaries provide insurance, banking, asset management, financial, healthcare services. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well". In 2022, Ping An ranked 17th on the Forbes Global 2000 list and 25th on the Fortune Global 500 list. Ping An ranked 21st among the World’s top 500 Most Valuable Brands and fourth among global financial enterprises in the Global 500 2022 Report by Brand Finance. The company is considered to be the world's largest insurer, with US$121.7 billion net premiums written in 2020. Its market capitalization was US$136 billion in March 2021, making it the largest insurer in the Asia-Pacific region. Ping An Insurance is one of the top 50 companies in the Shanghai Stock Exchange. It is also a constituent stock of Hang Seng Index, an index of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orient Securities
Orient Securities Co., Ltd. also known as DFZQ is a Chinese investment bank and brokerage firm headquartered in Shanghai. Orient Securities is a constituent of SSE 50 Index, the blue chip index of Shanghai Stock Exchange. It provided services in securities, futures, asset management, wealth management, investment banking, investment advisory, and securities research. It was successfully listed on the Shanghai Stock Exchange on 23 March 2015 and on the Hong Kong Stock Exchange in 2016. Joint Ventures * Citi Orient Securities See also * Securities industry in China Securities industry in China is an article on the securities industry in mainland China. History *1995, China's first joint venture investment bank – China International Capital Corp (CICC) was established, shareholders included Morgan Stanley ... References External links * Companies listed on the Shanghai Stock Exchange Companies in the CSI 100 Index Companies listed on the Hong Kong Stock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Huatai Securities
Huatai Securities () is a securities firm in China which engages in the operation of large-scale comprehensive securities broking and trading services. The company was founded in 1991 and is headquartered in Nanjing, China. History Huatai Securities was established on 9 April 1991 in with a registered share capital of RMB 10 million. It was originally named Jiangsu Securities Company until it was renamed to Huatai Securities in 1999. In 2008, Huatai Securities received approval from the China Securities Regulatory Commission to be a Qualified Domestic Institutional Investor. On 26 February 2010, Huatai Securities was listed on the Shanghai Stock Exchange with the stock code of 601688. On 1 June 2015, the H Shares of Huatai Securities were listed on the Hong Kong Stock Exchange with the stock code of 6886. In 2016, Huatai Securities acquired AssetMark, a wealth management technology provider from Aquiline Capital Partners and Genstar Capital, for $780 million in cash. On 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guotai Junan Securities
Guotai Junan Securities Co., Ltd. (GTJA) is one of the largest investment banks and securities companies in the People's Republic of China. Overview Guotai Junan Securities Co. Ltd., was established on August 18, 1999 after the merger of former Guotai Securities Co. Ltd. (founded on September 10, 1992) and Junan Securities Co. Ltd. (founded on August 25, 1992), currently with registered capital of RMB 6.1 billion. Guotai Junan is among the leading Chinese investment banks in terms of business coverage, agency distribution and customers served. Guotai Junan has 5 subsidiaries: Guotai Junan International Holdings Ltd. (registered in Hong Kong), Guotai Junan Futures Co., Ltd., Shanghai Guotai Junan Securities Asset Management Co., Ltd., GTJA Innovation Investment Co., Ltd. and Guotai Junan Allianz Fund Management Co., Ltd. The company has set up 26 branches, 193 securities outlets in 30 provinces, municipalities and autonomous regions across China. Innovation-wise, Guotai Junan ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guosen Securities
Guosen Securities Company Limited ("Guosen Securities", "GSEC" or Chinese: 国信证券) is a Chinese state-owned financial services company headquartered in Shenzhen, China, with more than 70 branches and 11,500 employees nationwide. It has offices in 47 major cities in China including Shenzhen, Beijing, Guangzhou, Foshan, Nanjing, Shanghai, Tianjin and Hong Kong. Guosen Securities provides sales and trading, investment banking, research, asset management, private equity, and other financial services with both institutional and retail clients in China and Hong Kong.Bloomberg News, Retrieved 25 July 201Top China IPO Arranger Guosen Challenges Goldman With Hong Kong Expansion/ref> It also operates a trading platform called GuoXin TradingStation. The company's heritage can be traced back to 1989, when it was originated from the Shenzhen International Trust and Investment Securities Business Division. In 1996, it became an independent corporation and was renamed as Guosen Securities. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GF Securities
GF Securities ()is a securities firm in China which engages in the operation of large-scale comprehensive securities broking and trading services. The company was founded in 1991 and is headquartered in Guangzhou, China. History The securities department of China Guangfa Bank was established on April 9, 1991. On August 26, 1999, the firm was spun-off as a separate company. On July 25, 2001, the firm changed its name to GF Securities. GF Securities listed on the Shenzhen Stock Exchange on February 12, 2010 via a reverse takeover by Yan Bian Road Construction Co., Ltd. On August 5, 2015, GF Securities paid $40 million to purchase Natixis' commodities trading unit. On April 10, 2015, the firm listed on the Hong Kong Stock Exchange. GF Securities is a member of the SZSE 100 Index which consists of the top 100 A-share listed companies listing and trading on the Shenzhen Stock Exchange ranked by total market capitalization Subsidiaries E Fund Management, one of China's larges ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Everbright Securities
Everbright Securities Company Limited is a securities brokerage by assets in China, controlled by state-owned enterprise, state-owned financial Conglomerate (company), conglomerate, China Everbright Group. It was founded in 1996 and is based in Shanghai. It was listed on the Shanghai Stock Exchange in 2009 with capital raising of . It was the second Initial public offering, IPO by a Chinese brokerage, following CITIC Securities in 2002. On 2 February 2015, Everbright Securities Co Ltd announced its agreement to buy Sun Hung Kai Financial's 70% stake for HK$4.1 billion. See also * Securities industry in China References External links * {{authority control Companies in the CSI 100 Index Companies listed on the Hong Kong Stock Exchange Companies listed on the Shanghai Stock Exchange Financial services companies established in 1996 Government-owned companies of China Financial services companies of China Companies based in Shanghai H shares Investment banks in China C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CSC Financial
CSC Financial Co., Ltd. trading as China Securities, is a Chinese investment bank and brokerage firm established by CITIC Securities and China Jianyin Investment in 2005 in a 60–40 ratio, as a successor of bankrupted China Securities Co., Ltd. (CSC). However, the firm now majority owned by Jianyin Investment's parent company Central Huijin Investment and an asset managing subsidiary of . The company registered in Hong Kong as a foreign incorporated company as China Securities Finance Co., Ltd. on 28 July 2016 and CSC Financial Co., Ltd. on 20 October, the latter was used in the Initial public offering, IPO of CSC's H share. An unrelated company registered the name China Securities Co., Ltd. in Hong Kong in 2014 in order to prospecting the chance that CSC bought back the name. The unrelated company was filed for struck off for dormant (and would be dissolved) by Hong Kong's Companies Register using the power of Chapter 622 Section 745 2.(b) of Hong Kong Law in September 2016. H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
