GF Securities
GF Securities (Chinese: 广发证券; pinyin: Guǎngfā zhèngquàn)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.
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![]() Headquarters at GF Securities Tower | |
Native name | 广发证券股份有限公司 |
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Formerly | Guangfa Securities |
Type | Public |
SZSE: 000776 (A share) SEHK: 1776 (H share) | |
Industry | Financial services |
Founded | September 8, 1991 |
Headquarters | , |
Key people | Lin Chuanhui (Chairman) |
Services | Securities brokerage Investment banking Investment management |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Owners | HKSCC Nominees Limited (22.31%) Jilin Aodong Medicine (16.43%) Liaoning Chengda (16.40%) |
Number of employees | ![]() |
Subsidiaries | E Fund Management Co., Ltd |
Website | www |
Footnotes / references [1] |
History
The securities department of China Guangfa Bank was established on April 9, 1991.[1][2] On August 26, 1999, the firm was spun-off as a separate company.[1] On July 25, 2001, the firm changed its name to GF Securities.[1]
GF Securities listed on the Shenzhen Stock Exchange on February 12, 2010 via a reverse takeover by Yan Bian Road Construction Co., Ltd.[1][3]
On August 5, 2015, GF Securities paid $40 million to purchase Natixis' commodities trading unit.[4]
On April 10, 2015, GF Securities listed on the Hong Kong Stock Exchange.[1][5]
In April 2023, the China Securities Regulatory Commission filed a case against GF Securities for the inadequate review of a shares issuance.[6]
In June 2023, GF Securities announced it would acquire a 20.2% stake in Value Partners.[7]
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 [8]
Subsidiaries
E Fund Management, one of China's largest asset management companies is considered a subsidiary of GF Securities which holds 22.65% of its shares.[1]
See also
References
- "Annual Report 2021" (PDF).
- "GF Securities | Company Overview & News". Forbes. Retrieved 2022-09-17.
- "GF Securities achieves back-door listing". 2020-04-25. Archived from the original on 2020-04-25. Retrieved 2022-09-17.
- "Natixis sells commods trading arm to GF Securities-spox". Reuters. 2013-08-05. Retrieved 2022-09-17.
- "GF Securities shares surge in grey market". South China Morning Post. 2015-04-09. Retrieved 2022-09-17.
- "GF Securities investigated for inadequate due diligence amid IPO reform roll-out". South China Morning Post. 2023-04-18. Retrieved 2023-06-24.
- Blott, Thomas (2023-06-05). "Value Partners seals strategic investment from GF Securities". Fund Selector Asia. Retrieved 2023-06-24.
- "GF SECURITIES CO., LTD. : Shareholders Board Members Managers and Company Profile | CNE0000008L2 | MarketScreener". www.marketscreener.com.