Dongxing Securities
{{Short description|China-based investment firm}}
{{Infobox company
| name = Dongxing Securities
| logo =
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| type = Public
| traded_as = {{SSE|601198}}
| industry = Financial services
| founded = 2008
| founder = China Orient Asset Management
| hq_location =
| hq_location_city = Beijing
| hq_location_country = China
| area_served = Mainland China, Hong Kong
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| services = {{Bulleted_list| Investment banking|Brokerage|Asset management}}
| revenue = {{increase}} {{CNY|5.357 billion}}
| revenue_year = 2015
| operating_income = {{increase}} {{CNY|2.529 billion}}
| income_year = 2015
| net_income = {{increase}} {{CNY|2.044 billion}}
| net_income_year = 2015
| assets = {{increase}} {{CNY|73.181 billion}}
| assets_year = 2015
| equity = {{increase}} {{CNY|13.585 billion}}
| equity_year = 2015
| owner = China Orient Asset Management (58.09%)
| subsid = {{ubl|Dongxing Securities HK|Dongxing Voyage}}
| rating =
| website =
| footnotes = in consolidated financial statement; in Chinese accounting standards{{cite web|url=http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2016-03-05/601198_2015_n.pdf|title=2015 Annual Report|date=5 March 2016|access-date=12 November 2016|work=Dongxing Securities|publisher=Shanghai Stock Exchange|language=Chinese}}
}}
{{Chinese
| title = Dongxing Securities Co., Ltd.
| s = 东兴证券股份有限公司
| t = 東興證券股份有限公司
| p =
| order = st
| altname = Dongxing Securities
| s2 = 东兴证券
| t2 = 東興證券
| p2 =
}}
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)[http://www.sse.com.cn/market/sseindex/diclosure/c/c_20161128_4207421.shtml 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) and CSI 100 Index.[http://115.29.204.48/webdata/000903cons.xls constituent list] accessed on 13 January 2017
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.{{Cite web |url=http://finance.eastmoney.com/news/74688,20140423378909791.html |title=Asset Management-Based Securities Firms Breakthrough: Dongxing Securities Resumes IPO Journey |access-date=2016-01-23 |archive-date=2019-06-12 |archive-url=https://web.archive.org/web/20190612111412/http://finance.eastmoney.com/news/74688,20140423378909791.html |url-status=live }}
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.{{Cite web |url=http://finance.qq.com/a/20150228/008816.htm |title=Dongxing Securities Goes Public, A-Share Market Welcomes First "Asset Management-Based" Securities Firm |access-date=2016-01-23 |archive-date=2019-06-13 |archive-url=https://web.archive.org/web/20190613024052/https://finance.qq.com/a/20150228/008816.htm |url-status=live }}
Dongxing Securities was rated as Class A, maintaining the same rating as in 2020.{{cite news |title=New Rankings for Securities Firms: Haitong Securities Downgraded to BBB, Hengtai Guodu Drops Four Levels |url=https://www.jiemian.com/article/6435301.html |accessdate=2021-11-11 |work=Jiemian News |archive-date=2021-11-14 |archive-url=https://web.archive.org/web/20211114033720/https://www.jiemian.com/article/6435301.html |url-status=live }}{{cite news |title=New Rankings for Securities Firms: Industrial Securities and Two Others Upgraded to AA, Haitong Drops Out of Class A |url=https://www.yicai.com/news/101120015.html |accessdate=2021-11-11 |work=Yicai Global |archive-date=2021-11-27 |archive-url=https://web.archive.org/web/20211127012515/https://www.yicai.com/news/101120015.html |url-status=live }}
References
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External links
- {{official website}}
- [http://www.dxzq.com.hk Official website of Dongxing Securities (Hong Kong)]
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Category:China Orient Asset Management
Category:Companies listed on the Shanghai Stock Exchange
Category:Financial services companies of China
Category:Investment banks in China
Category:Investment management companies of China
Category:Government-owned companies of China
Category:Financial services companies established in 2008
Category:Banks established in 2008
Category:Chinese companies established in 2008
Category:Companies based in Beijing
Category:Companies in the CSI 100 Index
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