China Galaxy Securities

China Galaxy Securities Co., Ltd. (Chinese: 中国银河证券股份有限公司) is a Chinese brokerage and investment bank.

China Galaxy Securities
TypePublic
Headquarters
Beijing
,
China
Websitehttp://www.chinastock.com.cn/

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

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

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]

References
  1. Elzio Barreto (May 15, 2013). "China Galaxy IPO raises $1.1 billion, priced for first day pop". Reuters. Retrieved 2015-03-21.
  2. Shuli Ren (January 20, 2015). "China Galaxy Securities Plans $2.3 Billion Sale, Diluting Shareholders' Return". Barrons. Retrieved 2015-03-21.
  3. "Galaxy Securities $3.1 Billion Sale to Fuel China Margin Trading". Bloomberg. 28 April 2015. Retrieved 28 April 2015.
  4. 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). Shanghai Stock Exchange. 31 May 2017. Retrieved 30 October 2017.
  5. Company Corporate Information Retrieved 2018-05-23
  6. Investor relation Retrieved 2018-05-23


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