According to the Securities Regulatory Commission, Huaxin Securities's application for the establishment of an asset management subsidiary has been accepted by the Securities Regulatory Commission. According to a previous announcement by Huaxin Co., Ltd., Huaxin Securities plans to invest RMB 1 billion to establish a wholly-owned asset management subsidiary, Huaxin Securities (Shanghai) Asset Management Co., Ltd., to engage in securities asset management business. Huaxin Asset Management has a registered capital of 1 billion yuan, which is completed by Huaxin Securities with 100% cash investment. Currently, 30 brokerage asset management agencies have been approved for establishment (including preparations under construction), and 8 other brokerage firms are still awaiting approval of asset management subsidiary licenses from the Securities Regulatory Commission, namely CICC, CITIC Construction Investment, Huachuang Securities, Dongxing Securities, Guohai Securities, Cinda Securities, Capital Securities, and Huaxin Securities.
华鑫证券资产管理子公司申请材料获证监会接收
The application materials for Huaxin Securities Asset Management Subsidiary were accepted by the Securities Regulatory Commission
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.