Haitong Securities Co., Ltd. SH: 600837 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 joint stock limited company.