China Securities Finance
Appearance
Company type | state-owned enterprise |
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Industry | Financial services |
Founded | 2011 |
Headquarters | Beijing , China |
Area served | mainland China |
Revenue | CN¥1.314 billion (2013) |
CN¥1.014 billion (2013) | |
CN¥770 million (2013) | |
Total assets | CN¥88.342 billion (2013) |
Total equity | CN¥20.305 billion (2013) |
Footnotes / references source: 2013 annual report; in Chinese accounting standards[1] |
China Securities Finance Corp., Ltd. | |||||||
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Simplified Chinese | 中国证券金融股份有限公司 | ||||||
Traditional Chinese | 中國證劵金融股份有限公司 | ||||||
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Alternative Chinese name | |||||||
Simplified Chinese | 中证金融 | ||||||
Traditional Chinese | 中證金融 | ||||||
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China Securities Finance Corp., Ltd. (CSF) is a Chinese state-owned financial services company founded in 2011. The company funded securities firm of China (firm that provides investment banking and brokage) for their margin business as well as lending securities for short selling business.[2]
In 2015, the share capital of the company was increased to CN¥100 billion from CN¥24 billion.[3] It also bought shares from the market as a SPV for government intervention. The company later transferred some of the securities it bought to Central Huijin Investment, the domestic arm of the sovereign wealth fund of China.[4]
Shareholders
[edit]- As of 31 December 2013
- Shanghai Stock Exchange (25.13%)
- Shenzhen Stock Exchange (25.13%)
- Shanghai Futures Exchange (17.59%)
- China Securities Depository and Clearing Corporation (14.57%)
- China Financial Futures Exchange (8.04%)
- Dalian Commodity Exchange (6.03%)
- Zhengzhou Commodity Exchange (3.52%)
See also
[edit]- National Equities Exchange and Quotations sister company
References
[edit]- ^ "中国证券金融股份有限公司2015年第二期短期融资券发行文件" [Pospectus of 2015 batch 2 short-term financing of China Securities Finance]. China Securities Finance (in Chinese). Chinabond.com.cn. 21 January 2015. Archived from the original on 20 December 2016. Retrieved 16 December 2016.
- ^ Ren, Daniel (March 3, 2017). "State-backed institutions outshine stock-focused mutual peers". South China Morning Post. Retrieved May 24, 2020.
- ^ "SSE Newsletter July 2015" (PDF). Shanghai Stock Exchange. July 2015. Archived (PDF) from the original on 20 December 2016. Retrieved 16 December 2016.
- ^ "China to continue stabilizing stock market: securities watchdog". Xinhua News Agency. 14 August 2016. Archived from the original on 20 December 2016. Retrieved 16 December 2016.
- "ABOUT CSF: Introduction". China Securities Finance. Retrieved 11 December 2016.