• Source: China Galaxy Securities

      • 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. In January 2015, the company announced plans to issue new shares worth US$2.3 billion on HKSE. 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.
      Since June 2017, it was part of Shanghai Stock Exchange's blue chip index: SSE 50 Index.


      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.


      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.


      See also


      Securities industry in China


      References




      External links


      Official website

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