Guotai Junan Securities
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| Company type | Public |
|---|---|
| SSE: 601211, SEHK: 2611 | |
| Industry | Financial services |
| Founded | 1992 |
| Headquarters | Shanghai[1] |
Key people | Zhu Jian (chairman)[2] |
| Revenue |  RMB 35.2 billion (2020) |
| RMB 15.0 billion (2020) | |
| RMB 11.1 billion (2020) | |
| Total assets | RMB 702.9 billion (2020) |
| Total equity | RMB 146.2 billion (2020) |
| Website | www |
Guotai Junan Securities (simplified Chinese: 国泰君安证券; traditional Chinese: 國泰君安證券; pinyin: Guótàijūn'ān zhèngquàn), commonly abbreviated as GTJA, is a securities firm in China.[3] Following its acquisition of Haitong Securities, it became China's largest securities brokerage by asset value.[4][5]
Overview
[edit]GTJA 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).
GTJA 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.
GTJA was also among the first to have been approved to conduct QFII business in 2003; to serve as a primary dealer of the central bank open market, to become a market maker in the inter-bank bond market; being amongst the first companies that received QDII qualifications and financial futures business qualifications in 2007; taking the lead in getting the qualification for equity investment and futures IB business in 2008; obtaining the margin trading & securities lending qualification in 2010.
In 2010, Guotai Junan International Holdings Limited, under the administration of Guotai Junan Financial Holding Co., Ltd. was listed in the Hong Kong Stock Exchange, becoming the first public enterprise under the ownership of a Mainland securities company in Hong Kong.
In March 2011, Guotai Junan International Holdings was selected to become an Index constituent stock within the Hang Seng Hong Kong Composite Index, being the only constituent stock among the Chinese securities firms.
See also
[edit]References
[edit]- ^ "Guotai Junan Joins Parade of China Brokerage IPOs". The Wall Street Journal. June 4, 2015.
- ^ "Asset revamp plans of A-share firms gather pace". China Daily. September 13, 2024.
- ^ Barboza, David (January 7, 2011). "JPMorgan and Morgan Stanley Win Approval to Expand in China". The New York Times.
- ^ Shi, Jing. "Guotai Junan Securities, Haitong Securities merger approved". China Daily. Retrieved 17 December 2024.
- ^ Hale, Thomas; Cheng, Leng. "Chinese groups to create country's largest brokerage with $230bn in assets". Financial Times. Retrieved 17 December 2024.
