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Guotai Junan Securities

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Guotai Junan Securities
Company typePublic
SSE: 601211, SEHK2611
IndustryFinancial services
Founded1992; 33 years ago (1992)
HeadquartersShanghai[1]
Key people
Zhu Jian (chairman)[2]
RevenueIncrease RMB 35.2 billion (2020)
Increase RMB 15.0 billion (2020)
Increase RMB 11.1 billion (2020)
Total assetsIncrease RMB 702.9 billion (2020)
Total equityIncrease RMB 146.2 billion (2020)
Websitewww.gtja.com

Guotai Junan Securities (simplified Chinese: 国泰君安证券; traditional Chinese: 國泰君安證券; pinyin: Guótàijūn'ān zhèngquàn), commonly abbreviated as GTJA, is a securities firm in China.[3] Following its acquisition of Haitong Securities, it became China's largest securities brokerage by asset value.[4][5]

History

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GTJA was established on August 18, 1999, after the merger of former Guotai Securities Co. Ltd. (founded on September 10, 1992) and Junan Securities Co. Ltd. (founded on August 25, 1992).

In 2003, GTJA was licensed to conduct QFII business.[6] In 2007, it was granted QDII status.[7] In 2008, it obtained the qualification for IB business.[8]

In 2010, GTJA's subsidiary Guotai Junan International Holdings Ltd. was listed on the Hong Kong Stock Exchange.[9] In March 2011, the subsidiary was included in the financial constituent stock of the Hong Kong Hang Seng Composite Index.[10]

Subsidiaries

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  • Guotai Junan International Holdings Ltd.
  • Guotai Junan Futures Co., Ltd.
  • Shanghai Guotai Junan Securities Asset Management Co., Ltd.
  • GTJA Innovation Investment Co., Ltd.
  • Guotai Junan Allianz Fund Management Co., Ltd.

See also

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References

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  1. ^ "Guotai Junan Joins Parade of China Brokerage IPOs". The Wall Street Journal. June 4, 2015.
  2. ^ "Asset revamp plans of A-share firms gather pace". China Daily. September 13, 2024.
  3. ^ Barboza, David (January 7, 2011). "JPMorgan and Morgan Stanley Win Approval to Expand in China". The New York Times.
  4. ^ Shi, Jing. "Guotai Junan Securities, Haitong Securities merger approved". China Daily. Retrieved 17 December 2024.
  5. ^ Hale, Thomas; Cheng, Leng. "Chinese groups to create country's largest brokerage with $230bn in assets". Financial Times. Retrieved 17 December 2024.
  6. ^ RMB Internationalization and China's Financial Security. Social Sciences Academic Press. 2018. p. 68.
  7. ^ "Guotai Junan Securities Obtains QDII License". 21st Century Business Herald. October 15, 2007.
  8. ^ "Two brokerages obtain IB business qualifications". Caixin. January 28, 2008.
  9. ^ "Guotai Junan International debuts on the Hong Kong Stock Exchange". Beijing Business Today. Archived from the original on January 11, 2025.
  10. ^ "Hong Kong's new Election Committee formed". CNTV. December 14, 2011. Archived from the original on January 16, 2021.
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