Haitong Securities Co., Ltd. (SHA: 600837)

China flag China · Delayed Price · Currency is CNY
12.21
+0.03 (0.25%)
Nov 13, 2024, 3:00 PM CST
22.59%
Market Cap 139.16B
Revenue (ttm) 13.28B
Net Income (ttm) -4.01B
Shares Out 12.99B
EPS (ttm) -0.31
PE Ratio n/a
Forward PE 32.65
Dividend 0.06 (0.48%)
Ex-Dividend Date Oct 18, 2024
Volume 97,778,645
Open 12.13
Previous Close 12.18
Day's Range 12.05 - 12.29
52-Week Range 7.63 - 13.83
Beta 0.58
Analysts n/a
Price Target n/a
Earnings Date Oct 28, 2024

About Haitong Securities

Haitong Securities Co., Ltd. operates as a securities company primarily in Mainland China, Hong Kong, and Europe. It operates through six segments: Wealth Management, Investment Banking, Asset Management, Trading and Institution, Finance Lease, and Others. The Wealth Management segment offers securities and futures brokering and dealing, investment consulting, and wealth management services; and financial services, such as margin financing, securities lending, stock pledge, etc. The Investment Banking segment provides sponsoring and underwritin... [Read more]

Industry Capital Markets
Sector Financials
Founded 1988
Employees 13,637
Stock Exchange Shanghai Stock Exchange
Ticker Symbol 600837
Full Company Profile

Financial Performance

In 2023, Haitong Securities's revenue was 22.67 billion, a decrease of -11.07% compared to the previous year's 25.49 billion. Earnings were 1.01 billion, a decrease of -84.59%.

Financial Statements

News

Chinese Brokerages' Merger Details Power Their Shares Higher

Shares of Guotai Junan Securities and Haitong Securities rose sharply after releasing details of their merger to form China’s biggest brokerage.

4 weeks ago - The Wall Street Journal

China Sets Terms for Merger to Create $226 Billion Brokerage

Guotai Junan Securities Co. and Haitong Securities Co. unveiled the terms of their proposed merger to create a state-backed brokerage with $226 billion in assets to compete with Wall Street firms expa...

4 weeks ago - BNN Bloomberg

China's Investment Banking Faces Pressure Amid Government Scrutiny

The Chinese investment banking sector is feeling increasing government pressure, as state officials have detained at least three top bankers in the last six weeks. What Happened : One of the high-prof...

2 months ago - Benzinga

Blockbuster Chinese Merger Plan Sends Uninvolved Stock Soaring

A small Chinese brokerage has emerged as an unlikely winner from the merger plan of industry leaders Guotai Junan Securities Co. and Haitong Securities Co., thanks to its name.

2 months ago - BNN Bloomberg

China to create megabrokerage by combining Guotai Junan and Haitong Securities

State-backed brokerages Guotai Junan and Haitong Securities are merging to create a financial powerhouse with US$230 billion in assets.

2 months ago - South China Morning Post