Intensifying Capabilities of Cross-border Financial Services, Embracing Momentous Opportunities in Greater Bay Area
HONG KONG, July 6 (Bernama-BUSINESS WIRE) -- Guotai Junan International Holdings Limited (“Guotai
Junan International”, “GTJAI”, or the “Company”, stock code: 1788.HK)
announced that it has been granted three “Excellence Awards” (Ranked
1st), namely Risk Management, Wealth Management Platform (the Greater
Bay Area (“GBA”)) and Securities Company of the Year
(GBA), in “Financial Institution Awards 2021” organized by Bloomberg
Businessweek (Chinese Edition), implying the 5th consecutive year of the
Company sweeping this contest.
2nd “Excellence Award” of “Wealth Management Platform (GBA)”
1st “Excellence Award” of “Securities Company of the Year (GBA)”
3rd “Excellence Award” of “Risk Management”
Securities Company of the Year (GBA):
Reinforcing Synergies among Diversified Businesses,
Demonstrating Capabilities of Integrated Financial Services
GTJAI
has already transformed from a conventional “brokerage-oriented”
securities firm into a large-scale “integrated financial service
provider” driven by multi businesses, and it has been continuously
intensifying the synergies among its business sectors, for example,
wealth management and private equity as well as asset management and
corporate finance. Recently, ATRenew, the largest pre-owned consumer
electronics transactions and services platform in China, has debuted on
the New York Stock Exchange. The Company’s Private Equity Investment
team has provided thorough and comprehensive services throughout the
groundwork for its listing; meanwhile, the equity capital market team
also participated as one of the major underwriters, bringing in an
excellent issuer to the capital market.
Risk Management (Overall):
Long-standing Core Strength and Cornerstone for Development,
Adhering to Advanced Risk Management Standards and Measures
The
Company values risk management as the primary core strength of a
securities firm. With an effective risk management mechanism, the
Company has immersed the culture and system of risk management in each
business line, with aim to earning satisfying risk-adjusted returns for
shareholders and investors. In recent years, the Group has been
implementing more advanced risk management measures and standards, for
instance, taking on proactive approach on impairment provision
beforehand for relatively riskier assets, thus significantly improving
asset quality. As of now, GTJAI has been assigned “Baa2” and “BBB+”
long-term issuer ratings from Moody and Standard & Poor
respectively.
Wealth Management Platform (GBA):
Fin-tech Enabling Wealth Management while Winning Applause from GBA
High-net-worth Clients
While
global financial markets have come to the era of digitalization, demand
among high-net-worth clients for premium and efficient products keep
emerging. Following the establishment of the external asset management
(“EAM”) business last year, this April the Group’s
wealth management platform built a fin-tech team to sensibly utilize
fin-tech tools to enrich service channels as well as enhance financing
products and services, comprehensively upgrading the Group’s fin-tech
and wealth management clients. In the second quarter this year, remote
account opening and KYC (Know Your Customer) solutions have been in
trial stage and are expected to officially be launched in the second
half this year.
Currently, the Group’s wealth management platform
comprises of core professional teams including fin-tech, EAM,
investment advisory, private client financial services and structural
financial derivatives. Not only does it offer regular investment
portfolio such as equity and fixed income but also derivative warrants
and callable Bull/Bear contracts, customized financial products, foreign
exchange, futures and private equity. As of the end of 2020, assets
under custody amounted to HKD206.7 billion, representing a 35% YoY
upsurge (vs 3% downturn in Hang Seng Index).
About GTJAI
Guotai Junan International (“GTJAI”,
Stock Code: 1788.HK) is the market leader and first mover for
internationalization of Chinese Securities Company as well as the first
Chinese securities broker listed on the Main Board of The Hong Kong
Stock Exchange through initial public offering. It has also been
included in FTSE4Good Index by London Stock Exchange of UK.
Based in Hong Kong, GTJAI provides diversified integrated financial
services. Core business includes seven categories of brokerage,
corporate finance, asset management, loans and financing, financial
products, market making and investments, 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 “Baa2” and “BBB+” long
term issuer rating from Moody and Standard & Poor respectively. The
controlling shareholder, Guotai Junan Securities Company Limited (Stock
Code: 601211.SS; 2611.HK), is the comprehensive financial provider with a
long-term, sustainable and overall leading position in the Chinese
securities industry. For more information about GTJAI, please visit http://www.gtjai.com
View source version on businesswire.com:
https://www.businesswire.com/news/home/20210705005199/en/
Contact
Jason Yan, CFA
jason.yan@gtjas.com.hk
+852 2509 5487
Mia Wu
mia.wu@gtjas.com.hk
+852 2509 2138
Source : Guotai Junan International Holdings Limited
Tuesday, 6 July 2021
GTJAI GRANTED "FINANCIAL INSTITUTION AWARDS" BY BLOOMBERG FOR 5 CONSECUTIVE YEARS
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