Analyze the Competitiveness of the Leading Enterprises in China's Security Industry.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c41437) has announced the addition of China Securities Industry Report (Merger & Reorganization), 2005-2006 to their offering. This report briefly introduces the development status of Chinas securities industry and Chinas securities market segment. It also describes the status of merger and restructuring in Chinas securities industry and demonstrates with some cases. Meanwhile, it analyzes competitiveness of leading enterprises in Chinas securities industry and investment of foreign securities corporations. At last, it points out the risks of merger and restructuring in Chinas securities industry and provides some suggestions. By Dec. 2005, China has all together 1,381 listed companies listed company n → compañía cotizable listed company n → société cotée en Bourse listed company list n → in Shanghai and Shenzhen, with a total value of 762.95 billion capital stocks. The total number of investors is 73.36 million and a total amount of RMB RMB Right Mouse Button RMB Regional Management Board (USACE) RMB Rolf Maier Bode (musician, band) RMB Ren Min Bi (currency of People's Republic of China) 3, 166.3 billion deals has been done. China's securities market is undergoing a profound change. The formerly bundled stock market of China is open towards the world and gradually replaces its financing function and speculating function with investing and financing function. Yet the structure of stock ownership in China is still unreasonable, for example 63% of the market stocks is non-circulating and only 27% is circulating cir·cu·late v. cir·cu·lat·ed, cir·cu·lat·ing, cir·cu·lates v.intr. 1. To move in or flow through a circle or circuit: blood circulating through the body. 2. . Now China's reforming of the stock market is bound to impact the securities market somehow and meanwhile bring some opportunities for investors. With only a history of ten years more, China's securities industry has many disadvantages compared with that of the developed countries. Firstly, similar operation structure, monotonous operation pattern and want of innovativeness enormously decrease the integral competitiveness of China's securities industry. Secondly, the structure of securities companies is rather incomplete and their interior risk control system suffers serious unreasonableness. Thirdly, decentralization de·cen·tral·ize v. de·cen·tral·ized, de·cen·tral·iz·ing, de·cen·tral·iz·es v.tr. 1. To distribute the administrative functions or powers of (a central authority) among several local authorities. , small scale, low degree of differentiation, and weak risk-proof ability make China's securities industry a failure in front of foreign-owned securities companies. Lastly, China's securities industry is rather disorder in competition. In addition, it lacks complete and effective market supervision system and wants legal communication and coordination system. China is aware of the above weaknesses and is continually adjusting to enhance and enlarge TO ENLARGE. To extend; as, to enlarge a rule to plead, is to extend the time during which a defendant may plead. To enlarge, means also to set at liberty; as, the prisoner was enlarged on giving bail. the securities industry. Under this condition, the advantage of merger and restructuring in the industry is self-evident. The status quo [Latin, The existing state of things at any given date.] Status quo ante bellum means the state of things before the war. The status quo to be preserved by a preliminary injunction is the last actual, peaceable, uncontested status which preceded the pending controversy. of China's securities market determines that its future development model is bound to be merger and restructuring. As China's financial market is opened step by step, the merger and restructuring in China's future securities industry will show the following tendencies: Firstly, mixed operation will become the mainstream. Secondly, merger and restructuring in the industry will become even fiercer as China's securities companies aim to strengthen and enlarge themselves. Thirdly, foreign merger promotes the restructuring of China's secretaries market. Finally, the securities market is concentrating gradually. Topics Covered 1. Status Quo of Chinas Securities Industry 1.1 Characteristics of Chinas Securities Industry 1.2 Analysis of the Industry Policy of Chinas Securities Industry 1.3 Competition Pattern of Chinas Securities Industry 1.4 Investment of Chinas Securities Industry, 2005-2006 1.5 Analysis of Foreign-owned Securities Companies in China 2. Analysis of Chinas Securities Market Segment 2.1 The Stock Market of China 2.2 The Bond Market 2.3 The Futures Market futures market, a commodity exchange where contracts for the future delivery of grain, livestock, and precious metals are bought and sold. Speculation in futures serves to protect both the developers and the users of the commodities from unfavorable and unpredictable 3. Status Quo of Merger and Restructuring in Chinas Securities Industry 3.1 Background of Merger and Restructuring in Chinas Securities Industry 3.2 Trends of Merger and Restructuring in Chinas Securities Industry 3.3 Obstacles in Merger and Restructuring in Chinas Securities Industry 4. Competitiveness of Leading Enterprises in Chinas Securities Industry 4.1 China Galaxy Securities Co., Ltd. 4.2 Shenyin & Wanguo Securities Co., Ltd. (SYWG) 4.3 Guotai Junan Guotai Junan Securities is an investment bank in the People's Republic of China. External links
4.4 CITIC CITIC China International Trust and Investment Corporation Securities Co., Ltd (CITICS) 4.5 China Securities Co., Ltd. 4.6 Everbright Securities Co., Ltd 4.7 Xiangcai Securities Co., Ltd. 4.8 GF Securities Co., Ltd (GF) 4.9 Haitong Securities Co., Ltd 5. Investment of Foreign Securities Corporations in China 5.1 Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. 5.2 UBSWarburg 5.3 Nomura Securities 5.4 Credit Lyonnais Securities Asia (CLSA CLSA Canon Law Society of America CLSA California Land Surveyors Association CLSA Contact Lens Society of America CLSA Credit Lyonnaise Securities CLSA Canadian Laboratory Suppliers Association CLSA Cornell Law Student Association ) 5.5 Citigroup 5.6 Morgan Stanley 5.7 Hang Seng Bank Hang Seng Bank Limited (Traditional Chinese: 恒生銀行有限公司) HKSE: 0011 is the second largest bank in Hong Kong. It is a listed company but it is majority owned (62. 5.8 Samsung Securities 6. Merger and Restructuring Cases in Chinas Securities Industry 6.1 Hantang Securities Merged into Cinda 6.2 Liaoning Securities Purchased by Cinda 6.3 Hongyuan Securities Purchased by China Jianyin Investment Securities 6.4 Goldstone gold·stone n. An aventurine with gold-colored inclusions. Noun 1. goldstone - aventurine spangled densely with fine gold-colored particles Securities Purchased by CITIC Securities 6.5 First Securities Purchased by GF Securities 6.6 UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Purchased Beijing Securities at RMB 1.7 Billion 7. Risks of Merger and Restructuring in Chinas Securities Industry 8. Suggestions on Merger and Restructuring of Chinas Securities Industry Companies Mentioned Beijing Securities - China Galaxy Securities Co., Ltd. - China Jianyin Investment Securities - China Securities Co., Ltd. - Cinda - CITIC Securities Co., Ltd (CITICS) - Citigroup - Credit Lyonnais Securities Asia (CLSA) - Everbright Securities Co., Ltd - First Securities Purchased - GF Securities Co., Ltd (GF) - Guotai Junan Securities Co., Ltd. (GTJA) - Haitong Securities Co., Ltd - Hang Seng Bank - Hantang Securities - Hongyuan Securities - Liaoning Securities - Merrill Lynch - Morgan Stanley - Nomura Securities - Samsung Securities - Shenyin & Wanguo Securities Co., Ltd. (SYWG) - UBS - UBSWarburg - Xiangcai Securities Co., Ltd. For more information visit http://www.researchandmarkets.com/reports/c41437 |
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