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Huatai Securities

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Huatai Securities Co., Ltd.
Native name
华泰证券股份有限公司
FormerlyJiangsu Securities
Company typePublic
SSE: 601688 (A share)
SEHK6886 (H share)
LSEHTSC (GDR)
IndustryFinancial services
FoundedApril 9, 1991; 33 years ago (1991-04-09)
Headquarters
No. 228 Middle Jiangdong Road, Nanjing, Jiangsu
,
Key people
Wei Zhang (Chairman)
Yi Zhou (CEO)
ServicesSecurities brokerage
Investment banking
Investment management
RevenueIncrease CN¥51.92 billion (FY 2021)
Increase CN¥12.98 billion (FY 2021)
Total assetsIncrease CN¥806.65 billion (FY 2021)
Total equityIncrease CN¥152.04 billion (FY 2021)
Number of employees
Increase 14,372 (FY 2021)
SubsidiariesHuatai International
China Southern Asset Management
Websitewww.htsc.com.cn
Footnotes / references
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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

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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

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References

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  1. ^ "Huatai Securities". Forbes. Retrieved 28 March 2021.
  2. ^ "Annual Report 2022" (PDF). HKEX.
  3. ^ a b "Huatai Securities Shanghai IPO priced at low end". theasset.com. Retrieved 15 July 2023.
  4. ^ a b "VOLUME XVII No. 114". www.tolfin.com. 30 May 2015. Retrieved 15 July 2023.
  5. ^ "Huatai Securities Co., Ltd. 華泰證券股份有限公司". webb-site.com. Retrieved 28 March 2021.
  6. ^ "Three more brokers secure QDII approval". South China Morning Post. 10 January 2008. Retrieved 28 March 2021.
  7. ^ "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.
  8. ^ Ho, Prudence (1 June 2015). "Huatai Up on Hong Kong Trading Debut". Wall Street Journal. ISSN 0099-9660. Retrieved 28 March 2021.
  9. ^ "China's Huatai Securities acquires tech provider AssetMark". InvestmentNews. 12 April 2016. Retrieved 28 March 2021.
  10. ^ "China broker gets go-ahead to invest overseas with own funds". South China Morning Post. 8 January 2018. Retrieved 15 July 2023.
  11. ^ "Huatai Securities blazes trail for Chinese companies seeking bigger global reach". South China Morning Post. 19 June 2019. Retrieved 15 July 2023.
  12. ^ Barbaglia, Pamela (14 June 2019). "Chinese brokerage Huatai prices London listing at bottom of range". Reuters. Retrieved 28 March 2021.
  13. ^ "Huatai Securities targets overseas Chinese retail traders". South China Morning Post. 19 June 2020. Retrieved 15 July 2023.
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