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BIZCHINA> Top Biz News
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CITIC Securities becomes No 1 underwriter in 2008
By Bi Xiaoning (chinadaily.com.cn)
Updated: 2009-03-04 13:25 In 2008 CITIC Securities Co topped the list of 107 securities companies and became No 1 underwriter, according to the Securities Association of China.
Guotai Jun'an Securities, Galaxy Securities and BOC International are also among the top five brokers in the underwriting sector. Together with CITIC and CICC, they occupied more than 50 percent of the market share. In the brokerage sector, Galaxy Securities topped the list with over 3 trillion yuan transaction amount on stock funds, occupying 6.2 percent market share in the industry. In this sector the runner-ups are Guotai Jun'an Securities, Guoxin Securities, Haitong Securities and Guangfa Securities. (For more biz stories, please visit Industries)
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