Guosen Securities

Sales and trading comprises equities, fixed income, currencies and commodities, serving both institutional and retail clients. With 70 branches covering 47 major cities in China, Guosen was ranked top three in terms of trading volume in 2008–10, and accounted for 4.34% of market share in 2011.

Investment Banking provides a variety of advisory and underwriting services, ranging from equity and debt offerings, pre-IPO financing, merger and acquisition, restructuring and privatisation advisory, compliance advisory, and structured financing. The investment banking arm owns a total of 144 sponsor representatives, which is the largest among investment banks in China.

Between 2006 and 2009, Guosen Securities was ranked the first in total number of initial public offerings in A-share market for four consecutive years. In 2011, Guosen Securities gained the second largest market share of 8.8 percent in domestic equity offerings and the 18th market share of 0.9 percent in global equity offerings.

Asset Management offers a wide range of investment products in equities, fixed income, fund of funds, and direct financing, in order to meet clients’ diversified requirements and goals. Guosen's asset management arm is also the first company to offer equity division advisory services among Chinese rivals. In Hong Kong, the AM team provides both traditional and alternative investment products. The traditional funds mainly focus on offshore public/private funds in equities, fixed income, balanced portfolios, as well as QFII investments. Whereas the alternative investment products offered include hedge funds, fund of funds, commodity exchange funds, private equity and red wine funds, etc.

Founded in, Penghua Fund Management Company Limited (“Penghua”) is an independent investment manager with RMB 91 billion assets under management (AUM). The company mainly focuses on third-party assets, principally through equities and fixed income, including retail funds, Social Security Funds (SSFs), QDIIs and discretionary accounts. It is currently managing 2 closed-end funds, 21 open-end funds, and 5 SSFs. Guosen Securities, as the largest shareholder, holds 50 percent of Penghua's shares.[7]

Guosen H&S Investment Company Limited Guosen H&S Investment Company Limited is a wholly subsidy of Guosen Securities with registered capital of RMB 1 billion, specializing in direct private equity investment. Guosen Securities is the third securities firm that is approved to carry out direct investment business in China.[8]

2019 - The Hong Kong Securities and Futures Commission (SFC) has reprimanded Guosen Securities (HK) Brokerage Company, Limited (Guosen) and fined it $15.2 million for failures in complying with anti-money laundering (AML) and counter-terrorist financing (CFT) regulatory requirements when handling third party fund deposits. The SFC's investigation revealed that between November 2014 and December 2015, Guosen had processed 10,000 third party deposits totalling approximately $5 billion for more than 3,500 clients.[9]