Huatai Securities
 | |
 Former headquarters in Nanjing | |
Native name | 华泰证券股份有限公司 |
|---|---|
| Formerly | Jiangsu Securities |
| Company type | Public |
| SSE: 601688 (A share) SEHK: 6886 (H share) LSE: HTSC (GDR) | |
| Industry | Financial services |
| Founded | April 9, 1991 |
| Headquarters | , |
Key people | Wei Zhang (Chairman) Yi Zhou (CEO) |
| Services | Securities brokerage Investment banking Investment management |
| Revenue |  CN¥51.92 billion (FY 2021) |
| CN¥12.98 billion (FY 2021) | |
| Total assets | CN¥806.65 billion (FY 2021) |
| Total equity | CN¥152.04 billion (FY 2021) |
Number of employees | 14,372 (FY 2021) |
| Subsidiaries | Huatai International China Southern Asset Management |
| Website | www |
| Footnotes / references [1][2] | |
Huatai Securities (HTSC) (Chinese: 华泰证券; pinyin: Huátài zhèngquàn) is a securities company 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.
Background
[edit]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.[3][4][5]
In 2008, Huatai Securities received approval from the China Securities Regulatory Commission to be a Qualified Domestic Institutional Investor.[6]
On 26 February 2010, Huatai Securities was listed on the Shanghai Stock Exchange with the stock code of 601688.[3][7]
On 1 June 2015, the H shares of Huatai Securities were listed on the Hong Kong Stock Exchange with the stock code of 6886.[4][8]
In 2016, Huatai Securities acquired AssetMark, a wealth management technology provider from Aquiline Capital Partners and Genstar Capital for $780 million in cash.[9]
In January 2018, the China Securities Regulatory Commission granted Huatai Securities permission to perform proprietary trading in overseas markets.[10]
On 17 June 2019, Global depository receipts of Huatai Securities were listed on London Stock Exchange with the stock code of HTSC.[11][12]
In June 2020, Huatai Securities launched Zhangle Global, a US stock trading mobile app that targeted Chinese living overseas.[13]
See also
[edit]References
[edit]- ^ "Huatai Securities". Forbes. Retrieved 28 March 2021.
- ^ "Annual Report 2022" (PDF). HKEX.
- ^ a b "Huatai Securities Shanghai IPO priced at low end". theasset.com. Retrieved 15 July 2023.
- ^ a b "VOLUME XVII No. 114". www.tolfin.com. 30 May 2015. Retrieved 15 July 2023.
- ^ "Huatai Securities Co., Ltd. 華泰證券股份有限公司". webb-site.com. Retrieved 28 March 2021.
- ^ "Three more brokers secure QDII approval". South China Morning Post. 10 January 2008. Retrieved 28 March 2021.
- ^ "华泰证券(601688)公司资料_新浪财经_新浪网". 11 December 2014. Archived from the original on 11 December 2014. Retrieved 28 March 2021.
- ^ Ho, Prudence (1 June 2015). "Huatai Up on Hong Kong Trading Debut". Wall Street Journal. ISSN 0099-9660. Retrieved 28 March 2021.
- ^ "China's Huatai Securities acquires tech provider AssetMark". InvestmentNews. 12 April 2016. Retrieved 28 March 2021.
- ^ "China broker gets go-ahead to invest overseas with own funds". South China Morning Post. 8 January 2018. Retrieved 15 July 2023.
- ^ "Huatai Securities blazes trail for Chinese companies seeking bigger global reach". South China Morning Post. 19 June 2019. Retrieved 15 July 2023.
- ^ Barbaglia, Pamela (14 June 2019). "Chinese brokerage Huatai prices London listing at bottom of range". Reuters. Retrieved 28 March 2021.
- ^ "Huatai Securities targets overseas Chinese retail traders". South China Morning Post. 19 June 2020. Retrieved 15 July 2023.
