The business scope of CITIC Securities includes securities investment consulting; Financial advisers related to securities trading and securities investment activities; Margin financing and securities lending; Securities investment funds sell on a commission basis; Securities underwriting and sponsorship; Securities self-management; Securities asset management; Providing intermediary services for futures companies; Consignment of financial products and so on.
Enterprises controlled by CITIC Securities include CITIC Securities Investment Co., Ltd., Hefei Yuelu Bookstore Management Co., Ltd., Xinjiang Jinshi Jiuan Investment Management Co., Ltd., Three Gorges Jinshi Investment Management Co., Ltd., Shanghai Qingta Investment Co., Ltd., Jinshang (Tianjin) Investment Management Co., Ltd. and CITIC Jinshi Fund Management Co., Ltd. ..
CITIC Securities was listed on the Shanghai Stock Exchange on June 6, 2003, and its share price closed at 23. 17 yuan on April 26, 2020, with a total market value of 29951300 million. If users want to buy their shares, they can choose the right price to intervene at this time, and then sell them for profit after the subsequent rise.
State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively. As a form of production and operation organization, state-owned enterprises have both commercial and public welfare characteristics, and play a role in coordinating the development of all aspects of the national economy.
State-owned enterprises have a certain administrative nature. Due to historical reasons, the classification of state-owned enterprises is quite complicated. For the state-owned enterprises in China, those who invest or hold more than 50% of the state-owned assets are state-owned enterprises.
Central enterprise is the abbreviation of "centrally managed enterprise", which refers to a wholly state-owned or state-controlled enterprise directly managed by the Central People's Government (the State Council) or entrusted by the state-owned assets supervision and administration institution to exercise the investor's duties, and its leading institution is entrusted by the Central Organization Department, SASAC of the State Council and other central ministries and commissions.
Central enterprises occupy a dominant position in major industries and key areas related to national security and the lifeline of the national economy, and are an important pillar of the national economy. According to the authority of state-owned assets management, state-owned enterprises are divided into central enterprises (state-owned enterprises supervised and managed by the central government) and local enterprises (state-owned enterprises supervised and managed by local governments). In addition to the broad and narrow definitions of central enterprises, the responsibility of individual central enterprises in the process of national social and economic development is more special. These central enterprises are directly managed by the State Council and belong to the ministerial level.