Historically, the China Securities Regulatory Commission (CSRC) has mentioned "securities restructuring", and both the Shanghai Composite Index and the Securities Index have risen
At the end of November 2019, the China Securities Regulatory Commission issued a letter on its official website, in response to the proposal of the second meeting of the 13th National Committee of the Chinese People's Political Consultative Conference, stating that in order to build an "aircraft carrier-level securities company", the China Securities Regulatory Commission has actively carried out a series of work, the first of which is: "enrich the capital of securities companies through multiple channels, encourage market-oriented mergers and acquisitions, and support the industry to become better and stronger".
The index then rose from 2857 to 3127:
The stock index also rose by 23%:
At present, the market has strong mergers and acquisitions and integration expectations of the target, including: Guolian Securities (Minsheng), Founder Securities (Ping An), Huachuang Yunxin + Pacific, Jinlong shares (sale of Dongguan Securities).
The merger and reorganization of securities companies is expected to heat up, and related stocks are complete
1) Pacific + Hua Chuang Securities (a wholly-owned subsidiary of Hua Chuang Yunxin): Hua Chuang Securities has become the largest shareholder of Pacific and has received feedback from the regulator, and the proposal of its subsidiary Hua Chuang Securities to hold Pacific Securities has been approved by the board of directors.
2) Founder Securities + Ping An Securities (subordinate to Ping An Life): Approved the approval of Founder Securities and other companies to change their major shareholders and actual controllers, so far, Ping An has truly become the actual controller of Founder Securities, Founder Underwriting Sponsor Company and Founder Fubon Fund.
3) Guolian Securities + Minsheng Securities (Guolian Group acquires 30% equity);
4) Zheshang Securities + Guodu Securities (transfer of Guodu Securities): It is proposed to acquire a total of 19.15% of the equity of Guodu Securities from 5 companies.
5) Jinlong shares: holding Zhongshan Securities, participating in Dongguan Securities (to transfer equity), the only listed company platform with two securities companies, holding 70.96% of the equity of Zhongshan Securities, and participating in 40% of the equity of Dongguan Securities, forming a pattern of one participation and one control, and plans to sell up to 60,000 shares of Dongguan Securities (40% equity of Dongguan Securities), which is expected to constitute a major asset restructuring stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies".
6) First Capital + Capital Securities: Capital Group has one participation and one control brokerage
7) Guosheng Financial Holdings: Mainly conducts business through its wholly-owned subsidiary, Guosheng Securities, and plans to absorb and merge its wholly-owned subsidiaries and change its name to Guosheng Securities
At present, the active companies in the brokerage, such as Huachuang Yunxin, Guolian Securities, Jinlong Shares, Capital Securities, etc., are all speculating on the logic of mergers.
You can also pay due attention to the YY targets in other markets, and consider the two elements of "region" and "shareholder" at the core. Including CICC, Galaxy Securities, Shenwan Hongyuan, Cinda Securities (the major shareholder has become Huijin), CITIC Securities, Jiantou, etc., under the CITIC system, such as Huaan Securities and Guoyuan Securities in Anhui Province, Caitong Securities and Zheshang Securities in Zhejiang Province, etc.
Cinda Securities: The parent company, Cinda Assets, was acquired by Central Huijin
The controlling shareholder of Cinda Securities is Cinda Assets, and the actual controller becomes Central Huijin after the equity transfer