UBS Securities
| joint venture | |
| Industry | Financial services |
| Predecessor | Beijing Securities |
| Founded | 2006 |
| Headquarters | Beijing, China |
|
Area served
|
mainland China |
| Services | |
| Revenue |
 CN¥1.232 billion (2015) |
|
CN¥388 million (2015) |
|
| Profit |
CN¥301 million (2015) |
| Total assets |
CN¥3.731 billion (2015) |
| Total equity |
CN¥1.886 billion (2015) |
| Owner |
|
| Website | www |
|
Footnotes / references in a consolidated basis; in Chinese accounting standards |
|
| UBS Securities Co., Ltd. | |||||||
| Simplified Chinese | 瑞银证券有限责任公司 | ||||||
|---|---|---|---|---|---|---|---|
| Traditional Chinese | 瑞銀證券有限責任公司 | ||||||
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| UBS Securities | |||||||
| Simplified Chinese | 瑞银证券 | ||||||
| Traditional Chinese | 瑞銀證券 | ||||||
|
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| Transcriptions | |
|---|---|
| Transcriptions | |
|---|---|
UBS Securities Co., Ltd. is a Chinese investment bank and brokerage firm that affiliated to Swiss investment bank UBS, which was the second largest shareholder for 24.99% stake. (or the third if considering central government-owned China Guodian and COFCO Group were one entity).
The firm was established in 2006 after the financial difficulties of Beijing Securities, which China Jianyin Investment (an indirect subsidiary of the State Council) and Beijing Guoxiang Asset Management (Chinese: 北京国翔资产管理有限公司, an asset managing subsidiary of Beijing Municipal People's Government) reestablished a firm to replace Beijing Securities. UBS and International Finance Corporation got the clearance to buy a combined 24.99% in 2007, under the laws governing Sino-foreign joint venture. COFCO Group and State Development & Investment Corporation (SDIC) also acquired part of the stake from China Jianyin Investment. In May 2007 the firm started to operate. In 2011, China Guodian acquired the 14% stake from SDIC. In the same year China Jianyin Investment sold their remain 14.01% stake to their parent company Central Huijin Investment, which was acquired by Guangdong Provincial People's Government owned Guangdong Provincial Communication Group in 2013. In 2014 UBS increased their stake from 20% to 24.99% by acquiring International Finance Corporation's stake.
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