Everbright Securities
|
Everbright Securities logo, Chinese and English name | |
| public | |
| Traded as | |
| Industry | Financial services |
| Founded | 1996 |
| Headquarters | Shanghai, China |
Area served | China |
Key people |
|
| Services | Brokerage firm |
| Total equity | CN¥40.5 billion[1] (2015) |
| Owner |
|
| Parent | China Everbright Group |
| Website | ebscn.com |
Everbright Securities Company Limited is one of the largest 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]
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]
As of their June 2015 quarterly filing, Everbright ranks no. 2 of all Chinese companies for net increase from borrowings, net change in cash, and net cash and cash equivalents ending balance. Net cash and cash equivalents ending balance represented over 131% of Everbright's total market cap at the time.[6]
References
- ↑ "2016 Interim Report" (PDF). Everbright Securities. archive of Hong Kong Stock Exchange. 26 September 2016. Retrieved 17 October 2016.
- ↑ Everbright Securities may trigger wave of new IPOs
- ↑ Everbright Securities Co., LTD.
- ↑ Everbright Securities Aims for $1.6 Billion IPO
- ↑ "Deals of the day- Mergers and acquisitions". Reuters. Retrieved 2015-02-02.
- ↑ "Everbright Securities Company Limited Fundamental Rankings". China Stock Facts. 2015.
