Dongxing Securities

Dongxing Securities
Company typePublic
SSE: 601198
IndustryFinancial services
Founded2008
FounderChina Orient Asset Management
Headquarters
Beijing
,
China
Area served
Mainland China, Hong Kong
Services
RevenueIncrease CN¥5.357 billion (2015)
Increase CN¥2.529 billion (2015)
Increase CN¥2.044 billion (2015)
Total assetsIncrease CN¥73.181 billion (2015)
Total equityIncrease CN¥13.585 billion (2015)
OwnerChina Orient Asset Management (58.09%)
Subsidiaries
  • Dongxing Securities HK
  • Dongxing Voyage
Footnotes / references
in consolidated financial statement; in Chinese accounting standards[1]
Dongxing Securities Co., Ltd.
Simplified Chinese东兴证券股份有限公司
Traditional Chinese東興證券股份有限公司
Transcriptions
Dongxing Securities
Simplified Chinese东兴证券
Traditional Chinese東興證券
Transcriptions

Dongxing Securities Co., Ltd. is a Chinese investment bank and brokerage firm. The firm was a constituent of SSE 50 Index (since 28 November 2016)[2] and CSI 100 Index.[3]

In 2008 China Orient Asset Management spin-off part of their business to form Dongxing Securities. In 2015 Dongxing Securities became a public traded company in Shanghai Stock Exchange.

In 2012, Dongxing Securities submitted its application for an Initial Public Offering (IPO) to the China Securities Regulatory Commission (CSRC). The application was approved in May of the same year, but the company was unable to go public due to the suspension of new stock issuances.[4]

On February 26, 2015, Dongxing Securities was officially listed on the Shanghai Stock Exchange, becoming the first "asset management-based" securities firm to go public on the A-share market.[5]

Dongxing Securities was rated as Class A, maintaining the same rating as in 2020.[6][7]

References

  1. ^ "2015 Annual Report" (PDF). Dongxing Securities (in Chinese). Shanghai Stock Exchange. 5 March 2016. Retrieved 12 November 2016.
  2. ^ 沪深300、上证50和中证500等指数2016年第二次定期调整样本股 (in Chinese)
  3. ^ constituent list accessed on 13 January 2017
  4. ^ "Asset Management-Based Securities Firms Breakthrough: Dongxing Securities Resumes IPO Journey". Archived from the original on 2019-06-12. Retrieved 2016-01-23.
  5. ^ "Dongxing Securities Goes Public, A-Share Market Welcomes First "Asset Management-Based" Securities Firm". Archived from the original on 2019-06-13. Retrieved 2016-01-23.
  6. ^ "New Rankings for Securities Firms: Haitong Securities Downgraded to BBB, Hengtai Guodu Drops Four Levels". Jiemian News. Archived from the original on 2021-11-14. Retrieved 2021-11-11.
  7. ^ "New Rankings for Securities Firms: Industrial Securities and Two Others Upgraded to AA, Haitong Drops Out of Class A". Yicai Global. Archived from the original on 2021-11-27. Retrieved 2021-11-11.


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