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Guotai Haitong Securities (simplified Chinese: 国泰海通证券; traditional Chinese: 國泰海通證券; pinyin: Guótàiháitōng zhèngquàn), commonly abbreviated as GTHT, 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]
 | |
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 |
History
editGTJA 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).
In 2003, GTJA was licensed to conduct QFII business.[6] In 2007, it was granted QDII status.[7] In 2008, it obtained the qualification for IB business.[8]
In 2010, GTJA's subsidiary Guotai Junan International Holdings Ltd. was listed on the Hong Kong Stock Exchange.[9] In March 2011, the subsidiary was included in the financial constituent stock of the Hong Kong Hang Seng Composite Index.[10]
In 2025, Guotai Jun'an was rebrand as Guotai Haitong, after its acquisition of Haitong Securities started from September 2024.[11]
Subsidiaries
edit- Guotai Junan International Holdings Ltd.
- Guotai Junan Futures Co., Ltd.
- Shanghai Guotai Junan Securities Asset Management Co., Ltd.
- GTJA Innovation Investment Co., Ltd.
- Guotai Junan Allianz Fund Management Co., Ltd.
See also
editReferences
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.
- ↑ RMB Internationalization and China's Financial Security. Social Sciences Academic Press. 2018. p. 68.
- ↑ "Guotai Junan Securities Obtains QDII License". 21st Century Business Herald. October 15, 2007.
- ↑ "Two brokerages obtain IB business qualifications". Caixin. January 28, 2008.
- ↑ "Guotai Junan International debuts on the Hong Kong Stock Exchange". Beijing Business Today.
{{cite web}}: CS1 maint: deprecated archival service (link) - ↑ "Hong Kong's new Election Committee formed". CNTV. December 14, 2011. Archived from the original on January 16, 2021.
- ↑ "Flagship Guotai Haitong Securities begins trading after merger". SHINE. Retrieved 11 April 2025.