Morgan Huaxin's shareholders mainly include Morgan Stanley International Holding Company and Huaxin Securities Co., Ltd.; Shanghai Morgan Investment Co., Ltd. and Shanghai Morgan Fleming Asset Management Co., Ltd. were jointly established. Look, one is Morgan Stanley and the other is Morgan Fleming.
In fact, J.P. Morgan is a British commercial bank established by John Pierpont Morgan's father in London. Later, influenced by 1929- 1933 Great Depression, Morgan Group separated its investment banking business from JPMorgan Chase. Independent investment banking was established by Morgan Stanley, and JPMorgan Chase only engaged in commercial banking. Since 1980s, with the end of separate operation and the rise of mixed operation represented by financial holding companies, JPMorgan Chase resumed its participation in non-traditional commercial banking such as investment banks, and Morgan Stanley also transformed into a bank holding company after the subprime mortgage crisis. In other words, the two companies are now two financial groups that originated from the same ancestor. Morgan Huaxin's foreign shareholder is Morgan Stanley International Holdings, and Morgan Fulin Asset Management Co., Ltd., a subsidiary of JPMorgan Chase Group, is a shareholder of Morgan.
Five years ago, Morgan Fleming, who also bears the mark of Morgan, participated in the establishment of Shangtou Morgan. Today, in the past five years, Shangtou Morgan has indisputably become one of the first-class fund management companies in China. With Morgan Stanley's 70 years of professional asset management experience and Huaxin Securities' good local financial operation experience, can Morgan Stanley Huaxin become the next "investment Morgan"? Compared with Morgan Stanley, which was established in 2004, Hua Xin is a "newcomer" in the fund industry. Morgan Huaxin's predecessor was Jutian Fund. In June 2008, Morgan Stanley Huaxin Fund completed the change of industrial and commercial registration and officially became a joint venture fund company. On the occasion of the first anniversary of restructuring, Morgan Huaxin has undergone a 360-degree comprehensive transformation. Not only has there been a "big change" in the management, but the investment and research team has also gathered elites. This time, we also strive to make a blockbuster with the help of the sale of Morgan Huaxin's leading edge fund, reaching a scale of 20 billion in three or four years.
One is a "small" company in which Morgan Stanley shares, and the other is a "big" company in which Morgan Stanley shares, that's all.