China Securities Finance Corp., Ltd. (CSF) is a Chinese state-owned financial services company founded in 2011. The company funded securities firm of China (firm that provides investment banking and brokage) for their margin business as well as lending securities for short selling business.[2]
Capital
In 2015, the share capital of the company was increased to CN¥100 billion from CN¥24 billion.[3] It also bought shares from the market as a SPV for government intervention. The company later transferred some of the securities it bought to Central Huijin Investment, the domestic arm of the sovereign wealth fund of China.[4]
Shareholders
- Shanghai Stock Exchange (25.13%)
- Shenzhen Stock Exchange (25.13%)
- Shanghai Futures Exchange (17.59%)
- China Securities Depository and Clearing Corporation (14.57%)
- China Financial Futures Exchange (8.04%)
- Dalian Commodity Exchange (6.03%)
- Zhengzhou Commodity Exchange (3.52%)
See also
- National Equities Exchange and Quotations sister company
External links
References
- 中国证券金融股份有限公司2015年第二期短期融资券发行文件 China Securities Finance, Chinabond.com.cn, 21 January 2015, retrieved 16 December 2016^
- Daniel Ren. State-backed institutions outshine stock-focused mutual peers South China Morning Post, March 3, 2017, retrieved May 24, 2020^
- SSE Newsletter July 2015 Shanghai Stock Exchange, July 2015, retrieved 16 December 2016^
- China to continue stabilizing stock market: securities watchdog 14 August 2016, retrieved 16 December 2016^