1. What does a securities company do?
A securities company refers to a limited liability company or a joint stock limited company with independent legal personality, which is established with the approval of the the State Council securities regulatory authority in accordance with the provisions of the Company Law and the Securities Law and specializes in securities business.
Securities companies are legal entities specializing in securities trading, which are divided into securities management companies and securities registration companies. In a narrow sense, a securities company refers to a securities management company, which is approved by the competent authority to go to a securities company.
An institution that has obtained a business license with the approval of the administrative department for industry and commerce and specializes in securities business. Having the membership of a stock exchange, you can underwrite the issuance, self-management or agent trading of securities. Ordinary investors must invest in securities through securities companies.
Second, Haitong Securities.
Haitong Securities Co., Ltd. is one of the earliest securities companies with the strongest comprehensive strength in China. It has a comprehensive business platform, a huge marketing network and a strong customer base. Traditional businesses such as brokerage, investment banking and asset management are among the best in the industry, while innovative businesses such as margin financing and securities lending, stock index futures and PE investment lead the industry. Haitong Securities, founded in 1988, is the only large securities company in China that is still operating since the 1980s, has not changed its name and has not received capital injection from the government. The company was formerly known as Shanghai Haitong Securities Company, and 1994 was transformed into a limited liability company and developed into a national securities company. At the end of 200 1, the whole company was restructured into a company limited by shares.
In July, 20021,the Fortune China 500 list was released, and Haitong Securities Co., Ltd. ranked 282nd.
In July, 20021year, it was selected as the list of state-owned key enterprise management benchmarking and action benchmarking enterprises.