HONG KONG, Aug 27, 2021 – (ACN Newswire) – HTSC (stock code: 6886.HK; “the Company”) offered its intervening time results for the six months ended June 30, 2021. The Company accomplished RMB 24.62 billion in complete income and other beneficial properties with a 300 and sixty five days-on-300 and sixty five days assemble greater of 29.75%. Income for the period attributable to shareholders elevated 21.32% to RMB 7.77 billion. The Company’s deepening digital transformation and platformization contain fostered a brand contemporary enterprise and grace mannequin, bolstering wealth administration and institutional services and continuing to support the comprehensive power of the Company, delivering one other save of abode of financial result details for the major half of of 2021.
Platformization Brings Efficiency as Quantity of Current Customers Hits 1.83 Million
With the next wave of digital disruption and a brand contemporary expertise of investors at play, the Company implemented a linear organizational structure in tandem with its integrated platformization, to support client services and asset allocation efficiency. As of June 30, 2021, the total decision of clients reached 18.92 million, with complete assets of client accounts exceeding RMB 5.2 trillion. The trading quantity of shares and funds within the major half of of the 300 and sixty five days used to be RMB 18.04 trillion, rating first within the industry .
Obsessed with clients’ wants and empowering investment advisors, the integration of ZhangLe Wealth, HTSC’s flagship wealth administration App, and the Company’s cloud platform for investment advisory provider, has been fruitful. The product-orientated and radiant operations of the Company’s wealth administration contain been widely identified, with over 1.83 million contemporary customers registering on ZhangLe Wealth within the major half of of 2021. HTSC’s cloud platform for investment advisory provider continues to empower investment advisors of their decision making, work efficiency, and client servicing capabilities. Huatai World, the Company’s global enterprise arm, continued to optimize its trading services on the ZhangLe Global App.
In line with details launched by the Asset Management Association of China (AMAC), equity and mixed mutual funds and non-money-market mutual funds sold by HTSC had been price RMB 107.9 billion and RMB 112.6 billion within the 2d quarter of 2021, every rating 2d within the securities industry, a testomony to the Company’s enhanced asset allocation services skill and optimized expertise-driven gross sales platforms for its clients. In the major half of of 2021, gross sales of financial products grew progressively, amounting to RMB 365.44 billion.
Enhance of funds advisory enterprise accelerated the adoption of the contemporary wealth administration enterprise mannequin and by leveraging the digital and integrated platform, the synergy between the Company’s headquarters, the front, middle and back locations of work contain been fully realized. This integrated mannequin has improved the Company’s raise-side investment review and supplied differentiated portfolio suggestions and solutions for clients and investment advisors. In the major half of of this 300 and sixty five days, the fund advisory enterprise exhibited true boost and remains an industry frontrunner.
HTSC’s US subsidiary AssetMark – a number one US turnkey asset administration platform (TAMP) – also grew progressively, with complete assets below administration reaching USD 84.59 billion on the cease of June 2021, an assemble greater of about 13.52% over the cease of 2020.
Bond Alternate Step forward and Institutional Alternate Income Surges 40%
Buoyed by the sturdy efficiency of trading and investment banking services, coupled with extra than a 20% assemble greater in institutional clients and 42% assemble greater in abroad institutional clients within the major half of of the 300 and sixty five days, HTSC’s institutional enterprise income grew 43.95% to RMB 6.51 billion 300 and sixty five days-on-300 and sixty five days, accounting for 26.43% of the Company’s complete.
In the major half of of the 300 and sixty five days, the Company’s foremost underwriting for equities used to be RMB 68.99 billion, rating third within the industry . Major underwriting for bonds which centered on local executive bonds and company bonds accomplished step forward results, amounting to RMB 404.36 billion, up 75.84% 300 and sixty five days-on-300 and sixty five days, rating third within the industry . In the an identical period, the Company’s abroad enterprise remained resilient, sponsoring 5 Hong Kong IPOs, along with that of China Youran Dairy Community, rating 2d amongst Chinese language securities companies; and two US IPOs along with digital logistics company Corpulent Truck Alliance.
HTSC retained a high save of abode within the STAR market, sponsoring 55 STAR Market listings and ending 27 listings within the major half of of the 300 and sixty five days, rating 2d within the industry . The Company also rekindled its reference to WingTech after participating of their goliath 2019 semiconductor M&A transaction, to bid RMB 8.6 billion in convertible bonds – the largest private refinancing mission in Shanghai this 300 and sixty five days.
The Company’s investment trading enterprise continued to optimize its asset pricing skill, production innovation and possibility hedging capabilities, accelerating the adoption of a customer product, and possibility administration method dilapidated by home and global clients alike. The investment trading enterprise noticed overall enhancements in profits, as evidenced by the industry-main OTC derivatives and OTC choices trading quantity within the major half of of 2021.
The HTSC Connect App, developed for institutional clients and services, continues to innovate the person expertise and provoke the Company’s aggressive advantages in securities lending. As of the cease of June, the balance of securities lending enterprise used to be RMB 28.7 billion, up 694.66% 300 and sixty five days-on-300 and sixty five days, to support 18.39% of the market fragment.
HTSC has also strategically invested and entered into tactical industrial partnerships with a broad selection of slicing-edge and extremely promising cloud computing and AI companies, to perpetuate and further give a snatch to the Company’s digital transformation and platformization. Currently, the Company has strategically invested in 10 fintech companies, establishing a solid foundation for innovation, introduction and further digital breakthroughs.
Green Bond Leadership Testament to Global ESG Enjoy
HTSC’s dedication to atmosphere, social and governance (ESG) at an operational and enterprise level are hallmarks of the Company and evidenced by the upgraded ESG rating of “A” from MSCI, rating the cease amongst its gaze community. The Company’s wholly-owned subsidiary, Huatai Securities (Shanghai) Asset Management Co., Ltd. has also turn into a signatory of the United Nations-supported Recommendations for To blame Investment (UNPRI).
HTSC has made a abundant contribution in supporting China’s carbon peaking and neutrality pledge and continues to strive to better encourage the inexperienced and low-carbon style of the actual economic system. In the major half of of the 300 and sixty five days, the Company issued RMB 9.898 billion inexperienced corporate bonds (along with asset securitization products), leapfrogging to first utter within the industry. Furthermore, the Company has participated in a broad selection of modern industry-first energy conservation and carbon good buy initiatives, along with the issuance of Shougang Green Vitality, one among the major publicly offered infrastructure REITs, to boot to the issuance of 1 in all the major carbon neutrality bonds by China Vitality Investment Corp.
The Company’s corporate philanthropic initiative “Yixin Huatai” deepened its work in keeping the Yangtze River basin ecology. Ahead of the UN Biodiversity Convention (COP 15) in Kunming, China, HTSC shared an vigorous scream on the importance of biodiversity by web web hosting a live broadcast of its “Yixin Huatai – One Yangtze River” mission all the tactic thru Earth Hour, to boot to staging an artwork exhibition on biodiversity, which garnered over 2.66 million visits.
For enquiries, please contact:
Citigate Dewe Rogerson
Tel: +86 10 6567 5056
Tel: +852 3103 0118
Electronic mail: [email protected]
Topic: Press start abstract
Provide: Huatai Securities Co., Ltd.
Sectors: On each day foundation Finance
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