Tuesday, 6 July 2021

GTJAI GRANTED "FINANCIAL INSTITUTION AWARDS" BY BLOOMBERG FOR 5 CONSECUTIVE YEARS

 Intensifying Capabilities of Cross-border Financial Services, Embracing Momentous Opportunities in Greater Bay Area



HONG KONG, July 6 (Bernama-BUSINESS WIRE) -- Guotai Junan International Holdings Limited (“Guotai Junan International”, “GTJAI”, or the “Company”, stock code: 1788.HK) announced that it has been granted three “Excellence Awards” (Ranked 1st), namely Risk Management, Wealth Management Platform (the Greater Bay Area (“GBA”)) and Securities Company of the Year (GBA), in “Financial Institution Awards 2021” organized by Bloomberg Businessweek (Chinese Edition), implying the 5th consecutive year of the Company sweeping this contest.

2nd “Excellence Award” of “Wealth Management Platform (GBA)

1st “Excellence Award” of “Securities Company of the Year (GBA)

3rd “Excellence Award” of “Risk Management

Securities Company of the Year (GBA):
Reinforcing Synergies among Diversified Businesses,
Demonstrating Capabilities of Integrated Financial Services

GTJAI has already transformed from a conventional “brokerage-oriented” securities firm into a large-scale “integrated financial service provider” driven by multi businesses, and it has been continuously intensifying the synergies among its business sectors, for example, wealth management and private equity as well as asset management and corporate finance. Recently, ATRenew, the largest pre-owned consumer electronics transactions and services platform in China, has debuted on the New York Stock Exchange. The Company’s Private Equity Investment team has provided thorough and comprehensive services throughout the groundwork for its listing; meanwhile, the equity capital market team also participated as one of the major underwriters, bringing in an excellent issuer to the capital market.

Risk Management (Overall):
Long-standing Core Strength and Cornerstone for Development,
Adhering to Advanced Risk Management Standards and Measures

The Company values risk management as the primary core strength of a securities firm. With an effective risk management mechanism, the Company has immersed the culture and system of risk management in each business line, with aim to earning satisfying risk-adjusted returns for shareholders and investors. In recent years, the Group has been implementing more advanced risk management measures and standards, for instance, taking on proactive approach on impairment provision beforehand for relatively riskier assets, thus significantly improving asset quality. As of now, GTJAI has been assigned “Baa2” and “BBB+” long-term issuer ratings from Moody and Standard & Poor respectively.

Wealth Management Platform (GBA):
Fin-tech Enabling Wealth Management while Winning Applause from GBA
High-net-worth Clients

While global financial markets have come to the era of digitalization, demand among high-net-worth clients for premium and efficient products keep emerging. Following the establishment of the external asset management (“EAM”) business last year, this April the Group’s wealth management platform built a fin-tech team to sensibly utilize fin-tech tools to enrich service channels as well as enhance financing products and services, comprehensively upgrading the Group’s fin-tech and wealth management clients. In the second quarter this year, remote account opening and KYC (Know Your Customer) solutions have been in trial stage and are expected to officially be launched in the second half this year.

Currently, the Group’s wealth management platform comprises of core professional teams including fin-tech, EAM, investment advisory, private client financial services and structural financial derivatives. Not only does it offer regular investment portfolio such as equity and fixed income but also derivative warrants and callable Bull/Bear contracts, customized financial products, foreign exchange, futures and private equity. As of the end of 2020, assets under custody amounted to HKD206.7 billion, representing a 35% YoY upsurge (vs 3% downturn in Hang Seng Index).

About GTJAI

Guotai Junan International (“GTJAI”, Stock Code: 1788.HK) is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. It has also been included in FTSE4Good Index by London Stock Exchange of UK. Based in Hong Kong, GTJAI provides diversified integrated financial services. Core business includes seven categories of brokerage, corporate finance, asset management, loans and financing, financial products, market making and investments, which cover three dimensions including individual finance (wealth management), institutional finance (institutional investor services and corporate finance service) and investment management. GTJAI has been assigned “Baa2” and “BBB+” long term issuer rating from Moody and Standard & Poor respectively. The controlling shareholder, Guotai Junan Securities Company Limited (Stock Code: 601211.SS; 2611.HK), is the comprehensive financial provider with a long-term, sustainable and overall leading position in the Chinese securities industry. For more information about GTJAI, please visit http://www.gtjai.com

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20210705005199/en/

Contact

Jason Yan, CFA
jason.yan@gtjas.com.hk
+852 2509 5487

Mia Wu
mia.wu@gtjas.com.hk
+852 2509 2138

Source : Guotai Junan International Holdings Limited

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