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 The company headquarters onBeijing Financial Street | |
| Company type | Public;state-owned enterprise |
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| Headquarters | , |
| Website | www |
China Galaxy Securities Co., Ltd. (Chinese:中国银河证券股份有限公司) is a Chinesestate-owned brokerage and investment bank.
It raised US$1.1 billion onthe Stock Exchange of Hong Kong in its debut in May 2013.[1] In January 2015, the company announced plans to issue new shares worth US$2.3 billion on HKSE.[2] On 21 April 2015, the company announced in a HKSE filing its plans to raise another US$3.1 billion by selling 2 billion new shares.[3]
Since June 2017, it was part ofShanghai Stock Exchange's blue chip index:SSE 50 Index.[4]
China Galaxy Securities was founded on January 26, 2007, with a capital of RMB 6 billion. Major contribution of fund was from Galaxy Financial Holdings which took up 99.89% of issued capital, with the remaining 0.11% being taken up by four promoters: Beijing Tsinghua Venture Capital (currently known as Qingyuan Defeng), Chongqing Water, China General and CNBM.[5]
The board of directors consist of 11 members, of which 2 are executive Directors, 5 non-executive Directors and 4 independent non-executive Directors. Directors are elected on 3-year term.[6]
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