HONG KONG–(BUSINESS WIRE)–Guotai Junan Worldwide Holdings Restricted (“Guotai Junan Worldwide”, “GTJAI”, or the “Firm”, inventory code: 1788.HK) introduced that it has been granted three “Excellence Awards” (Ranked 1st), particularly Danger Administration, Wealth Administration Platform (the Better Bay Space (“GBA”)) and Securities Firm of the 12 months (GBA), in “Monetary Establishment Awards 2021” organized by Bloomberg Businessweek (Chinese language Version), implying the fifth consecutive 12 months of the Firm sweeping this contest.
2nd “Excellence Award” of “Wealth Administration Platform (GBA)”
1st “Excellence Award” of “Securities Firm of the 12 months (GBA)”
3rd “Excellence Award” of “Danger Administration”
Securities Firm of the 12 months (GBA):
Reinforcing Synergies amongst Diversified Companies,
Demonstrating Capabilities of Built-in Monetary Providers
GTJAI has already reworked from a traditional “brokerage-oriented” securities agency right into a large-scale “built-in monetary service supplier” pushed by multi companies, and it has been constantly intensifying the synergies amongst its enterprise sectors, for instance, wealth administration and personal fairness in addition to asset administration and company finance. Just lately, ATRenew, the biggest pre-owned shopper electronics transactions and companies platform in China, has debuted on the New York Inventory Alternate. The Firm’s Non-public Fairness Funding workforce has supplied thorough and complete companies all through the groundwork for its itemizing; in the meantime, the fairness capital market workforce additionally participated as one of many main underwriters, bringing in a wonderful issuer to the capital market.
Danger Administration (General):
Lengthy-standing Core Power and Cornerstone for Improvement,
Adhering to Superior Danger Administration Requirements and Measures
The Firm values danger administration as the first core energy of a securities agency. With an efficient danger administration mechanism, the Firm has immersed the tradition and system of danger administration in every enterprise line, with intention to incomes satisfying risk-adjusted returns for shareholders and traders. In recent times, the Group has been implementing extra superior danger administration measures and requirements, as an example, taking up proactive strategy on impairment provision beforehand for comparatively riskier belongings, thus considerably bettering asset high quality. As of now, GTJAI has been assigned “Baa2” and “BBB+” long-term issuer scores from Moody and Customary & Poor respectively.
Wealth Administration Platform (GBA):
Fin-tech Enabling Wealth Administration whereas Successful Applause from GBA
Whereas world monetary markets have come to the period of digitalization, demand amongst high-net-worth shoppers for premium and environment friendly merchandise maintain rising. Following the institution of the exterior asset administration (“EAM”) enterprise final 12 months, this April the Group’s wealth administration platform constructed a fin-tech workforce to sensibly make the most of fin-tech instruments to complement service channels in addition to improve financing services, comprehensively upgrading the Group’s fin-tech and wealth administration shoppers. Within the second quarter this 12 months, distant account opening and KYC (Know Your Buyer) options have been in trial stage and are anticipated to formally be launched within the second half this 12 months.
At present, the Group’s wealth administration platform includes of core skilled groups together with fin-tech, EAM, funding advisory, non-public consumer monetary companies and structural monetary derivatives. Not solely does it provide common funding portfolio resembling fairness and glued revenue but additionally by-product warrants and callable Bull/Bear contracts, custom-made monetary merchandise, overseas alternate, futures and personal fairness. As of the tip of 2020, belongings underneath custody amounted to HKD206.7 billion, representing a 35% YoY upsurge (vs 3% downturn in Grasp Seng Index).
Guotai Junan Worldwide (“GTJAI”, Inventory Code: 1788.HK) is the market chief and first mover for internationalization of Chinese language Securities Firm in addition to the primary Chinese language securities dealer listed on the Primary Board of The Hong Kong Inventory Alternate by way of preliminary public providing. It has additionally been included in FTSE4Good Index by London Inventory Alternate of UK. Primarily based in Hong Kong, GTJAI gives diversified built-in monetary companies. Core enterprise contains seven classes of brokerage, company finance, asset administration, loans and financing, monetary merchandise, market making and investments, which cowl three dimensions together with particular person finance (wealth administration), institutional finance (institutional investor companies and company finance service) and funding administration. GTJAI has been assigned “Baa2” and “BBB+” long run issuer ranking from Moody and Customary & Poor respectively. The controlling shareholder, Guotai Junan Securities Firm Restricted (Inventory Code: 601211.SS; 2611.HK), is the excellent monetary supplier with a long-term, sustainable and total main place within the Chinese language securities trade. For extra details about GTJAI, please go to http://www.gtjai.com