Native name | 广发证券股份有限公司 |
---|---|
Formerly | Guangfa Securities |
Company 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 | CN¥38.86 billion (FY 2021) |
CN¥12.00 billion (FY 2021) | |
Total assets | CN¥535.86 billion (FY 2021) |
Total equity | CN¥535.86 billion (FY 2021) |
Owners | HKSCC Nominees Limited (22.31%) Jilin Aodong Medicine (16.43%) Liaoning Chengda (16.40%) |
Number of employees | 13,174 (FY 2021) |
Subsidiaries | E Fund Management Co., Ltd |
Website |
www |
Footnotes / references [1] |
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. By mid-2020, it was among China's four largest securities firms, together with CITIC Securities, Guotai Junan Securities, and Haitong Securities. [2]
The securities department of China Guangfa Bank was established on 9 April 1991. [1] [3] On 26 August 1999, the firm was spun-off as a separate company. [1] On 25 July 2001, the firm changed its name to GF Securities. [1]
GF Securities listed on the Shenzhen Stock Exchange on 12 February 2010, via a reverse takeover by Yan Bian Road Construction Co., Ltd. [1] [4]
On 5 August 2015, GF Securities paid $40 million to purchase Natixis' commodities trading unit. [5]
On 10 April 2015, GF Securities listed on the Hong Kong Stock Exchange. [1] [6]
In April 2023, the China Securities Regulatory Commission filed a case against GF Securities for the inadequate review of a shares issuance. [7]
In June 2023, GF Securities announced it would acquire a 20.2% stake in Value Partners. [8]
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 [9]
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]