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China Galaxy Securities Co Ltd (6881.HK)

6881.HK on Hong Kong Stock

3.80HKD
21 Sep 2018
Change (% chg)

HK$0.18 (+4.97%)
Prev Close
HK$3.62
Open
HK$3.71
Day's High
HK$3.83
Day's Low
HK$3.61
Volume
18,035,880
Avg. Vol
15,689,918
52-wk High
HK$7.25
52-wk Low
HK$3.45

Latest Key Developments (Source: Significant Developments)

China Galaxy Securities Initiated Arbitration Against Changchun Xiangsheng Investment Management
Monday, 3 Sep 2018 

Sept 3 (Reuters) - China Galaxy Securities Co Ltd <601881.SS>::INITIATED ARBITRATION AGAINST CHANGCHUN XIANGSHENG INVESTMENT MANAGEMENT.ARBITRATION REGARDS TO CO AS FUND PROVIDER,& XIANGSHENG INVESTMENT,AS RECEIVER,CONDUCTED STOCK PLEDGE REPURCHASE TRANSACTIONS.XIANGSHENG INVESTMENT SHALL BEAR TOTAL ARBITRATION COSTS OF ABOUT RMB54.7 MILLION.  Full Article

China Galaxy Securities Says H1 Net Profit Down 37.9 Percent Y/Y
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - China Galaxy Securities Co Ltd <601881.SS>6881.HK::SAYS H1 NET PROFIT DOWN 37.9 PERCENT Y/Y.  Full Article

China Galaxy Securities To Buy 12% Stake In Galaxy Derivatives For RMB66.7 Million
Thursday, 26 Jul 2018 

July 26 (Reuters) - China Galaxy Securities Co Ltd <601881.SS>::ANNOUNCES ACQUISITION OF 12 PCT EQUITY INTEREST IN GALAXY DERIVATIVES FOR RMB66.673 MILLION.GALAXY FUTURES COMPANY INTENDS TO EXERCISE RIGHT OF FIRST REFUSAL TO ACQUIRE GALAXY DERIVATIVES INTEREST.  Full Article

China Galaxy Securities' Preliminary H1 Net Profit Down 37.2 Percent Y/Y
Thursday, 26 Jul 2018 

July 26 (Reuters) - China Galaxy Securities Co Ltd <601881.SS>6881.HK::SAYS PRELIM 6-MONTH NET PROFIT DOWN 37.2 PERCENT Y/Y AT 1.3 BILLION YUAN ($191.75 million).  Full Article

China Galaxy Securities To Buy 50 Percent Stake In Galaxy Asset Management
Wednesday, 18 Jul 2018 

July 18 (Reuters) - China Galaxy Securities Co Ltd <601881.SS>6881.HK::SAYS IT PLANS TO BUY 50 PERCENT STAKE IN GALAXY ASSET MANAGEMENT.  Full Article

China Galaxy Securities Says Plans To Buy 50% In Galaxy Fund Management Co Approved
Wednesday, 18 Jul 2018 

July 18 (Reuters) - China Galaxy Securities Co Ltd <601881.SS>::CONTEMPLATING ACQUISITION OF 50 PERCENT STAKE IN GALAXY FUND MANAGEMENT CO LTD FROM CHINA GALAXY FINANCIAL HOLDINGS CO LTD.PLAN TO BUY 50 PCT EQUITY INTEREST IN GALAXY FUND MANAGEMENT CO WAS APPROVED AT BOARD MEETING HELD ON 18 JULY 2018.  Full Article

China Galaxy Securities Says May Net Profit Rmb252.8 Mln
Thursday, 7 Jun 2018 

June 7 (Reuters) - China Galaxy Securities Co Ltd <601881.SS>::MAY REVENUE OF CO RMB745.2 MILLION.MAY NET PROFIT RMB252.8 MILLION.  Full Article

China Galaxy Securities issues 2018 1st tranche private subordinated bonds worth 4 bln yuan
Monday, 23 Apr 2018 

April 23 (Reuters) - China Galaxy Securities Co Ltd <601881.SS> ::Says it completed issuance of 2018 1st tranche private subordinated bonds worth 4 billion yuan .  Full Article

China Galaxy Securities says change of accounting policy
Thursday, 29 Mar 2018 

March 29(Reuters) - China Galaxy Securities Co Ltd <601881.SS> ::Says it changed the accounting policy due to national policy requirement.  Full Article

China Galaxy Securities Says 2017 Net Profit Down 22.8 Percent Y/Y
Wednesday, 28 Mar 2018 

March 28 (Reuters) - China Galaxy Securities Co Ltd <601881.SS>6881.HK::SAYS 2017 NET PROFIT DOWN 22.8 PERCENT Y/Y.  Full Article

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Breakingviews- Western banks in China can downplay equities

HONG KONG (Reuters Breakingviews) - Western investment banks will have to pick their fights in China. In April, Beijing lifted the cap on foreign ownership of securities joint ventures from 49 to 51 percent, and said this would be raised to 100 percent in three years. But it is hardly worth battling local brokers in underwriting new issues or share dealing.