Everbright Securities

Last updated
Everbright Securities
Company type public
IndustryFinancial services
Founded1996
Headquarters,
China
Area served
China
Key people
  • Guo Xinshuang (Charmian)
  • Xue Feng (Vice-Charmian & CEO)
ServicesBrokerage firm
Total equity CN¥40.5  billion [1]  (2015)
Owner
Parent China Everbright Group
Website ebscn.com

Everbright Securities Company Limited is a securities brokerage by assets in China, controlled by state-owned financial conglomerate, China Everbright Group. [2] It was founded in 1996 and is based in Shanghai. [3]

Contents

It was listed on the Shanghai Stock Exchange in 2009 with capital raising of CN¥ 10.96  billion. It was the second IPO by a Chinese brokerage, following CITIC Securities in 2002. [4]

On 2 February 2015, Everbright Securities Co Ltd announced its agreement to buy Sun Hung Kai Financial's 70% stake for HK$4.1 billion. [5]

Everbright Securities International (EBSI), formerly known as Sun Hung Kai Financial [6] [7] and Everbright Sun Hung Kai, is a subsidiary that provides financial services for retail, corporate, and institutional clients. [8] It was founded in 1969 by Fung King Hey, Kwok Tak Seng and Lee Shau Kee. The company operates under the Sun Hung Kai Financial brand and the SHK Direct and SHK Private sub-brands and has a presence in Hong Kong, Macau and Mainland China.

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References

  1. "2016 Interim Report" (PDF). Everbright Securities. archive of Hong Kong Stock Exchange. 26 September 2016. Retrieved 17 October 2016.
  2. Everbright Securities may trigger wave of new IPOs
  3. Everbright Securities Co., LTD.
  4. Everbright Securities Aims for $1.6 Billion IPO
  5. "Deals of the day- Mergers and acquisitions". Reuters. 2 February 2015. Retrieved 2015-02-02.
  6. Sun Hung Financial Limited
  7. "Sun Hung Kai Financial Limited rebrands as Everbright Sun Hung Kai Company Limited". institutionalassetmanager.co.uk. 2017-12-18. Retrieved 2021-04-20.
  8. "Sun Hung Kai to sell 70 per cent stake in brokerage unit to Everbright Securities". 2 February 2015.