Hongyuan Securities Explained

Hongyuan Securities Company Limited
宏源證券股份有限公司
Type:State-owned enterprise
Foundation:1993
Defunct:January 2015
Location City:Beijing
Location Country:People's Republic of China
Fate:Became part of Shenwan Hongyuan after merger
Key People:Chairman

Mr. Tang Shisheng

Area Served:People's Republic of China
Industry:Securities
Parent:China Jianyin Investment Limited

Hongyuan Securities Company Limited was a leading securities firm headquartered in Beijing. It involves in the purchase and sale of stocks, funds, warrants and bonds, the underwriting and distribution of IPO stocks as well as the investment on financial assets and derivatives. It was established in 1993 and listed on the Shenzhen Stock Exchange in 1994. It is the first securities firm listed on the stock exchange in China.[1]

In January 2015, the company merged with Hongyuan Securities to form Shenwan Hongyuan. [2]

Notes and References

  1. Web site: Stocks. 2021-01-11. Bloomberg.com. en.
  2. Web site: 2019-04-11 . Chinese brokerage giant to raise US$1.3b in Hong Kong's largest IPO . 2022-10-06 . South China Morning Post . en.