Intensify the capacities of cross-border financial services, seize important opportunities in the Grande Baie region
HONG KONG, July 05, 2021– (COMMERCIAL THREAD) –Guotai Junan International Holdings Limited (“Guotai Junan International”, “GTJAI” or the “Company”, action code: 1788.HK) announced that it has received three “Awards of Excellence” (Ranked 1st), namely Risk Management , the Wealth Management Platform (the largest Bay Area (“ACS“)) and Securities Company of the Year (GBA), as part of the” Financial Institution Awards 2021 “organized by Bloomberg Businessweek (Chinese Edition), which marks the 5th consecutive year that the Company has won this competition.
2sd “Award of Excellence” from “Wealth management platform (GBA)“
1st “Award of Excellence” from “Securities Company of the Year (GBA)“
3rd “Award of Excellence” from “Risk management“
Securities Company of the Year (GBA):
Strengthen synergies between diversified companies,
Demonstration of Integrated Financial Services Capabilities
GTJAI has already evolved from a conventional ‘brokerage-oriented’ securities house to a large-scale ‘integrated financial services provider’ run by multiple companies, and it has continued to intensify the synergies between its sectors of activity, for example wealth management and private banking. as well as asset management and corporate finance. Recently, ATRenew, the largest used consumer electronics trading and services platform in China, debuted on the New York Stock Exchange. The Company’s private equity investment team provided in-depth and comprehensive services throughout the preparatory work for its listing; at the same time, the equity capital market team also participated as one of the major underwriters, bringing an excellent issuer into the capital market.
Risk management (global):
Long-standing core strength and cornerstone of development,
Adhere to advanced risk management standards and measures
The Company considers risk management to be the main core strength of a securities company. With an effective risk management mechanism, the Company has immersed the culture and risk management system in each business line, with the aim of achieving satisfactory risk-adjusted returns for shareholders and investors. In recent years, the Group has put in place more advanced risk management measures and standards, for example by taking a proactive approach to provision for prior impairment for relatively riskier assets, thereby significantly improving the quality of the assets. active. To date, GTJAI has been assigned long-term issuer ratings “Baa2” and “BBB +” respectively by Moody and Standard & Poor.
Wealth management platform (GBA):
Fin-tech enabling wealth management while earning applause from GBA
High net worth clients
As the global financial markets have entered the digital age, the demand among high net worth clients for high end and efficient products continues to emerge. Following the implementation of external asset management (“MAE“) last year, in April, the Group’s wealth management platform assembled a financial technology team to judiciously use financial technology tools to enrich service channels and improve products and financing services, completely improving the financial technology and wealth management clients of the Group. In the second quarter of this year, the remote account opening and KYC (Know Your Customer) solutions are in phase of development. ‘trial and should be officially launched in the second half of this year.
Currently, the Group’s wealth management platform comprises core professional teams, including FinTech, EAM, investment advice, financial services to private clients and structural financial derivatives. It not only offers a regular investment portfolio such as stocks and fixed income securities, but also derivative warrants and callable bull / bear contracts, personalized financial products, currencies, futures and contracts. private capital. At the end of 2020, assets under custody stood at HKD 206.7 billion, up 35% year-on-year (compared to a 3% decline in the Hang Seng index).
Guotai Junan International (“GTJAI“, Stock Code: 1788.HK) is the market leader and the primary driver of the internationalization of the Chinese securities firm as well as the first Chinese securities broker listed on the Main Board of the Hong Kong Stock Exchange by the through an initial public offering. It was also included in UK London Stock Exchange FTSE4Good Index. Based in Hong Kong, GTJAI provides diversified integrated financial services. The core business includes seven categories of brokerage, corporate finance, asset management, loans and finance, financial products, market making and investing, which cover three dimensions including individual finance (wealth management), institutional finance (institutional investor services and corporate finance service) and investment management. GTJAI has been assigned long-term issuer ratings “Baa2” and “BBB +” respectively by Moody and Standard & Poor. The majority shareholder, Guotai Junan Securities Company Limited (stock code: 601211.SS; 2611.HK), is the comprehensive financial provider with a long-term, sustainable and comprehensive leadership position in the Chinese securities industry. For more information on GTJAI, please visit http://www.gtjai.com
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210705005199/en/
Jason Yan, CFA
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