Haitong Securities
| Company type | Public |
|---|---|
| Industry | Financial services |
| Founded | 1988 |
| Headquarters | China |
Area served | China, global |
Key people | Mao Yuxing (Deputy General Manager, 2019) |
| Products | Securities brokerage, investment banking, corporate finance, mergers and acquisitions, asset management, mutual funds, private equity |
| Parent | Guotai Haitong Securities (since April 2025) |
Haitong Securities was a prominent Chinese financial institution specializing in securities brokerage for stocks and futures, as well as providing services in investment banking, corporate finance, mergers and acquisitions, asset management, mutual funds, and private equity.
Having been publicly traded on the Shanghai Stock Exchange since July 2007, Haitong’s market value surpassed $17.9 billion. By the middle of 2020, it was recognized as one of the top four securities companies in China, alongside CITIC Securities, Guotai Junan Securities, and GF Securities.
History
Established in mainland China in 1988, Haitong postponed its initial public offering planned for December 2011 due to unfavorable market conditions and eventually completed its Hong Kong IPO in April 2012.
The company broadened its global footprint in 2015 by acquiring BESI, the investment banking division of the Portuguese lender Novo Banco.
In 2019, Mao Yuxing took on the role of Deputy General Manager.
The China Securities Regulatory Commission revised Haitong’s rating from AA in 2020 down to BBB in the 2021 assessment of securities firms.
In September 2024, a merger announcement was made between Guotai Jun'an Securities and Haitong. Following this, Haitong’s A shares and H shares were removed from trading on the Shanghai and Hong Kong Stock Exchanges on March 4, 2025. The merger was completed in April 2025, resulting in the creation of Guotai Haitong Securities.