Back
E
Everbright Securities
Founded by : -, 1 January 1996
About the Company
Everbright Securities Company Limited (SSE: 601788) is one of the largest securities brokerage by assets in China, controlled by state-owned financial conglomerate, China Everbright Group. It was founded in 1996 and is based in Shanghai.
It was listed on the Shanghai Stock Exchange in 2009 with capital raising of $10.96 billion yuan. It was the second IPO by a Chinese brokerage, following CITIC Securities in 2002.
On 2 February 2015, Everbright Securities Co Ltd announced its agreement to buy Hong Kong conglomerate Sun Hung Kai & Co Ltd's 70 percent stake in its brokerage and wealth management service unit for HK$4.1 billion ($529 million).
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.
Industry Type
According to the GICS (Global Industry Classification Standard) version of March 2023, Everbright Securities’s industry classification falls within the following categories:
- Sector: Financials
- Industry group: Financial Services
- Industry: Capital Markets
- Sub-Industry: Investment Banking & Brokerage
Videos and Photos
Company Address
Hong Kong, Wan Chai, Gloucester Rd, 108號, Everbright Centre, 10/F
Source : Google maps