China Galaxy Securities
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 The company headquarters on Beijing Financial Street | |
| Company type | Public; state-owned enterprise |
|---|---|
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| Headquarters | , |
| Website | www |
China Galaxy Securities Co., Ltd. (Chinese: 中国银河证券股份有限公司) is a Chinese state-owned brokerage and investment bank.
It raised US$1.1 billion on the Stock Exchange of Hong Kong in its debut in May 2013.[1] In January 2015, the company announced plans to issue new shares worth US$2.3 billion on HKSE.[2] On 21 April 2015, the company announced in a HKSE filing its plans to raise another US$3.1 billion by selling 2 billion new shares.[3]
Since June 2017, it was part of Shanghai Stock Exchange's blue chip index: SSE 50 Index.[4]
History
[edit]China Galaxy Securities was founded in Jan 26, 2007 with a capital of RMB 6 billion. Major contribution of fund was from Galaxy Financial Holdings which took up 99.89% of issued capital, with the remaining 0.11% being taken up by four promoters: Beijing Tsinghua Venture Capital (currently known as Qingyuan Defeng), Chongqing Water, China General and CNBM.[5]
Management Board
[edit]The board of directors consist of 11 members, of which 2 are executive Directors, 5 non-executive Directors and 4 independent non-executive Directors. Directors are elected on 3-year term.[6]
See also
[edit]References
[edit]- ^ Elzio Barreto (May 15, 2013). "China Galaxy IPO raises $1.1 billion, priced for first day pop". Reuters. Retrieved 2015-03-21.
- ^ Shuli Ren (January 20, 2015). "China Galaxy Securities Plans $2.3 Billion Sale, Diluting Shareholders' Return". Barrons. Retrieved 2015-03-21.
- ^ "Galaxy Securities $3.1 Billion Sale to Fuel China Margin Trading". Bloomberg. 28 April 2015. Retrieved 28 April 2015.
- ^ 沪深300、上证50和中证500等指数2017年第一次定期调整样本股 (Press release) (in Chinese (China)). Shanghai Stock Exchange. 31 May 2017. Retrieved 30 October 2017.
- ^ Company Corporate Information Retrieved 2018-05-23
- ^ Investor relation Retrieved 2018-05-23
External links
[edit]
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