| GF Securities Co., Ltd. | |
| Native Name: | 广发证券股份有限公司 |
| Former Name: | Guangfa Securities |
| Type: | Public |
| Traded As: | (A share) HKEX: (H share) |
| Location City: | GF Securities Tower, Guangzhou, Guangdong |
| Location Country: | People's Republic of China |
| Industry: | Financial services |
| Services: | Securities brokerage Investment banking Investment management |
| Revenue: | (FY 2021) |
| Net Income: | (FY 2021) |
| Assets: | (FY 2021) |
| Num Employees: | 13,174 (FY 2021) |
| Subsid: | E Fund Management Co., Ltd |
| Equity: | (FY 2021) |
| Owners: | HKSCC Nominees Limited (22.31%) Jilin Aodong Medicine (16.43%) Liaoning Chengda (16.40%) |
| Key People: | Lin Chuanhui (Chairman) |
| Footnotes: | [1] |
GF Securities 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.[3] On 26 August 1999, the firm was spun-off as a separate company. On 25 July 2001, the firm changed its name to GF Securities.
GF Securities listed on the Shenzhen Stock Exchange on 12 February 2010, via a reverse takeover by Yan Bian Road Construction Co., Ltd.[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.[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.