Haitong Securities was a securities firm in China, providing services in stocks and futures brokerage, as well as investment banking, corporate finance, M&A, asset management, mutual fund, and private equity.
Haitong was listed on the Shanghai Stock Exchange in July 2007 and has a market capitalization of more than $17.9 billion.[1] By mid-2020, it was among China's four largest securities firms, together with CITIC Securities, Guotai Junan Securities, and GF Securities.[2]
History
Haitong was founded in 1988 in mainland China. In April 2012, it IPO'd after two tries (December 2011 was cancelled due to market conditions), in Hong Kong. It began trading in the Hong Kong Stock Exchange on April 27, 2012.