Everbright Securities Explained

Everbright Securities
Type:public
Foundation:1996
Location City:Shanghai
Location Country:China
Area Served:China
Industry:Financial services
Services:Brokerage firm
Equity:[1]
Equity Year:2015
Parent:China Everbright Group
Homepage:ebscn.com

Everbright Securities Company Limited is a securities brokerage by assets in China, controlled by state-owned financial conglomerate, China Everbright Group.[2] It was founded in 1996 and is based in Shanghai.[3]

It was listed on the Shanghai Stock Exchange in 2009 with capital raising of . It was the second IPO by a Chinese brokerage, following CITIC Securities in 2002.[4]

On 2 February 2015, Everbright Securities Co Ltd announced its agreement to buy Sun Hung Kai Financial's 70% stake for HK$4.1 billion.[5]

Everbright Securities International (EBSI), formerly known as Sun Hung Kai Financial[6] [7] and Everbright Sun Hung Kai, is a subsidiary that provides financial services for retail, corporate, and institutional clients.[8] It was founded in 1969 by Fung King Hey, Kwok Tak Seng and Lee Shau Kee. The company operates under the Sun Hung Kai Financial brand and the SHK Direct and SHK Private sub-brands and has a presence in Hong Kong, Macau and Mainland China.

See also

Notes and References

  1. Web site: 2016 Interim Report. 26 September 2016. 17 October 2016. Everbright Securities. archive of Hong Kong Stock Exchange.
  2. http://www.chinadaily.com.cn/cndy/2009-06/17/content_8291479.htm Everbright Securities may trigger wave of new IPOs
  3. https://web.archive.org/web/20120929122902/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=12075300 Everbright Securities Co., LTD.
  4. https://www.wsj.com/articles/SB124924710398899793 Everbright Securities Aims for $1.6 Billion IPO
  5. News: Deals of the day- Mergers and acquisitions . 2 February 2015 . Reuters . 2015-02-02.
  6. http://www.shkf.com/ Sun Hung Financial Limited
  7. Web site: Sun Hung Kai Financial Limited rebrands as Everbright Sun Hung Kai Company Limited . institutionalassetmanager.co.uk . 2017-12-18 . 2021-04-20.
  8. Web site: Sun Hung Kai to sell 70 per cent stake in brokerage unit to Everbright Securities. 2 February 2015.