Informed sources China Merchants Securities listing application has been approved by the HKEx

Informed sources: China Merchants Securities listed on the HKEx approval application has access to sina finance App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. According to insiders, China Merchants Securities listing application has been approved by the Hongkong stock exchange. China Merchants Securities listed in Hong Kong for a long time. As early as May 15, 2015, China Merchants Securities announced that the company intends to issue overseas listed foreign shares (H shares) and apply for listing on the main board of the Hongkong stock exchange. In the ensuing June, the actual control of China Merchants Securities merchants group received SASAC approval, SASAC agreed to China Merchants Securities IPO issued no more than 1 billion 179 million shares of H shares. In May this year, China Merchants Securities to the HKEx (00388.HK) submitted a IPO application. The submission of the application documents shows that China Merchants Securities plans to use some of the proceeds of the IPO to develop its brokerage and wealth management business, including the expansion of the size of the margin subsidiary. China Merchants Securities will also be used to inject more funds into the subsidiary IPO investment futures, as well as to expand overseas business. In August 9th this year, China Merchants Securities announced that the issuance of overseas listing of foreign shares approved by the China Securities Regulatory commission. China Securities Regulatory Commission issued a new former permitted company does not exceed 1178710900 shares of overseas listed foreign shares, par value of $1 per share, all ordinary shares. After the completion of this offering, the company can be listed on the main board of The Stock Exchange of HongKong Limited. China Merchants Securities said at the time, the listing of foreign shares listed on the Hongkong stock exchange still need to obtain the final approval of the Shanghai Stock exchange. It is worth noting that this year, the brokerage in Hong Kong listed IPO was cold, the situation is not optimistic. Last month listed orient securities listed on the same day that break, this month listing of Everbright Securities listed four days after this break, or bring pressure to the China Merchants Securities Hongkong IPO. In addition, with the arrival of the semi annual disclosure period, the results of the first half of this year, brokers have fallen sharply in a few foregone conclusion. Securities Industry Association on August 9th released data show that in the first half, 126 securities companies to achieve net profit of $62 billion 472 million in the current period, down by 59.22%, the industry’s overall revenue fell by more than the same period last year, 52.47%. China Merchants Securities has not yet announced interim results, but the industry is expected to decline is a high probability event. Smart finance was informed that the first quarter of this year, China Merchants Securities revenue and net profit dropped to 4 billion 297 million yuan and 1 billion 13 million yuan, compared with the same period of 2015 fell 42% and 62% respectively. Headquartered in Shenzhen, China Merchants Securities, formerly known as China Merchants Bank in 1991 to set up the securities business department, in 1993 it was approved by the Shenzhen Municipal Administration for Industry and commerce registration as an enterprise legal person, and then in 2相关的主题文章: