China Securities Finance
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.
| Company type | state-owned enterprise |
|---|---|
| Industry | Financial services |
| Founded | 2011 |
| Headquarters | Beijing , China |
Area served | mainland China |
| Revenue | CN¥1.314 billion (2013) |
| CN¥1.014 billion (2013) | |
Net income | CN¥770 million (2013) |
| Total assets | CN¥88.342 billion (2013) |
| Total equity | CN¥20.305 billion (2013) |
| Footnotes / references source: 2013 annual report; in Chinese accounting standards | |
| China Securities Finance Corp., Ltd. | |||||||
|---|---|---|---|---|---|---|---|
| Simplified Chinese | 中国证券金融股份有限公司 | ||||||
| Traditional Chinese | 中國證劵金融股份有限公司 | ||||||
| |||||||
| Alternative Chinese name | |||||||
| Simplified Chinese | 中证金融 | ||||||
| Traditional Chinese | 中證金融 | ||||||
| |||||||
In 2015, the share capital of the company was increased to CN¥100 billion from CN¥24 billion. 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.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.