Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


April 26, 2015 5:58 PM ET

Capital Markets

Company Overview of Haitong International Securities Group Limited

Company Overview

Haitong International Securities Group Limited, an investment holding company, provides financial products and services to corporate, institutional, and individual clients primarily in Hong Kong. Its Brokerage and Margin Financing segment is involved in the brokerage and dealing of securities, futures, options, and bullion contracts; and provision of margin financing, and custodian and handling services. The company’s Corporate Finance segment provides corporate advisory, placing, and underwriting services. Its Investment Management segment offers fund management and wealth management services. The company’s Leveraged and Acquisition Finance segment provides financing solutions to corporate ...

Li Po Chun Chambers

22nd Floor

189 Des Voeux Road

Central,  

Hong Kong

Founded in 1973

Phone:

852 2848 4333

Fax:

852 2845 0537

Key Executives for Haitong International Securities Group Limited

Deputy Chairman, Chief Executive Officer, Managing Director, Chairman of Executive Committee and Member of Strategic Development Committee
Age: 44
Total Annual Compensation: $17.9M
Chief Operating Officer, Executive Director and Member of Executive Committee
Age: 50
Total Annual Compensation: $9.7M
Director of Sales & Marketing, Executive Director, Member of Executive Committee and Executive Director of Tai Fook Securities Company Limited
Age: 55
Total Annual Compensation: $9.4M
Compensation as of Fiscal Year 2014.

Haitong International Securities Group Limited Key Developments

China Smartpay Group Holdings Limited Enters into Strategic Cooperation Agreements with Haitong International Securities Group Limited

China Smartpay Group Holdings Limited announced that, the company and Haitong International Securities Group Limited have entered into a strategic cooperation agreement in respect of the collaboration on providing convenient, efficient, and diversified cross-border financial services platform for clients both in- and outside the PRC in accordance with relevant laws and regulations. The HTI Strategic Cooperation Agreement shall be valid from April 1, 2015 to March 31, 2020 and will be automatically extended for another five years upon expiry unless objected by the parties in writing. The goal of the strategic cooperation is to provide convenient, efficient, and diversified cross-border financial services platform for clients both in- and outside the PRC in accordance with relevant laws and regulations. In the beginning, the platform will serve clients in the PRC with RMB-denominated products both in- and outside the PRC developed by Haitong International. Later, the platform may serve overseas clients with RMB-denominated products in the PRC and may include third-party financial products. The scope of the strategic cooperation between the company and Haitong international is in two stages. In stage one, the systems of Haitong International and the company will be linked up and the Company will be responsible for the provision of clearing and internet payment services. In stage two, the company and Haitong International will leverage on their financial resources and the experience gained from the strategic cooperation to develop various internet financing and cross-border payment services. Pursuant to the HTI Strategic Cooperation Agreement, Haitong International will be responsible for the design, development, marketing and operation of the internet financial products related to the cross border financial services platform while the company will be responsible for developing relevant electronic payment solutions and the provision of convenient internet payment, cross-border payment and clearing services in accordance with relevant laws and regulations. In addition, both parties will be responsible for the development and maintenance of the customers' data collected from their usage of services.

Haitong International Securities Group Limited Enters into a Facility Agreement with Financial Institutions

The board of directors of Haitong International Securities Group Limited announced that the Company and certain financial institutions entered into a facility agreement on 10 April 2015 whereby the Company obtained a term loan facility in an amount of HKD 2,400,000,000 and a revolving facility in an amount of HKD 3,600,000,000 for a term of up to 36 months. Pursuant to the terms of the Facility Agreement, if, inter alia, either of the following events of default occurs, all or any part of the Facility may be immediately cancelled and all or any part of the loans together with accrued interest and any other amounts accrued or outstanding under the Facility may become immediately due and payable or payable on demand: Haitong Securities Co. Ltd. ceases to directly or indirectly own at least 51% of the share capital in the Company; or HSCL does not or ceases to have management control of the Company.

Haitong International Securities Group Limited, Special/Extraordinary Shareholders Meeting, Apr 21, 2015

Haitong International Securities Group Limited, Special/Extraordinary Shareholders Meeting, Apr 21, 2015., at 10:30 China Standard Time. Location: Multi-function Room,19th Floor, Infinitus Plaza. Agenda: To consider the issue by way of rights of not less than 2,239,369,621 shares of HKD 0.10 each in the company and not more than 2,594,686,477 shares at a subscription price of HKD 3.50 per Rights Share to the qualifying shareholders of the company; to authorize share capital of the company be and is hereby increased from HKD 450,000,000 divided into 4,500,000,000 ordinary shares to HKD 1,000,000,000 divided into 10,000,000,000 ordinary shares by the creation of an additional 5,500,000,000 ordinary shares of par value of HKD 0.10 each in the capital of the company; and to authorize the Directors to exercise all the powers of the Company to allot and issue any and all conversion shares.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 22, 2014
CuDeco Ltd.
Merger/Acquisition
November 28, 2014
China Grand Automotive Services, Co., Ltd.
Merger/Acquisition
October 29, 2014
Japaninvest Group plc
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Haitong International Securities Group Limited, please visit www.htisec.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.