Solidified its Balance Sheet to Facilitate High-Net-Worth Clients� in Quality Assets Allocation
HONG KONG–(BUSINESS WIRE)–Guotai Junan International Holdings Limited (Guotai Junan International, :GTJAI stock code: 1788.HK) announces that the Company has won several prizes in the 5th Golden Hong Kong Stocks Awards and the 2nd Golden Central Awards, namely:
Best Financial Company for the 2nd consecutive year
Best Wealth Management for the 1st time
Most All-round Broker for the 1st time
All three awards, which aimed to honor corporations for healthy governance structures, prominent market positions and satisfactory core businesses, reflected the high recognition from professional media in mainland China for the Groups role as a Hongkong-listed financial service company.
Amid the challenging operating environment in 2020, GTJAI made early adjustments to its operation strategy and strengthened control over market risks and credit risks through rigorous risk management system and measures. In the second half of 2019, the Group reviewed its situation and made responsive decisions on its balance sheet management and strategy in which the Group lowered the market risk exposure in certain businesses on the balance sheet and largely increased its cash reserves. Meanwhile, it proactively made impairment and provision for the assets of relatively high risks in 2019 to enhance the balance sheets ability to deal with potential risks. Leveraging years of service experience and in-depth understanding in the capital market, while the Company effectively managed its own balance sheet and risks, it also grasped market opportunities for its clients, hoping to attract high-net-worth wealth management clients with differentiated and high-quality investment and financing products, facilitating them in seeking and investing in quality underlying assets in the volatile market cycle.
The 5th Golden Hong Kong Stocks Awards and the 2nd Golden Central Awards, co-organized by Chinese stock information platforms Zhitong Caijing (????) and 10JQKA.com (?????), attracted more than 1,000 Hongkong-listed participants. Winners were decided after a 2-month detailed consideration by a professional judging panel as well as a vote among the public.
About GTJAI
Guotai Junan International (GTJAI, Stock Code: 1788.HK) is the market leader and first mover for internationalization of Chinese Securities Company. The Company is the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange by way of initial public offering. Based in Hong Kong, the Company provides diversified integrated financial services. The core services include wealth management, corporate finance, loans and financing, asset management as well as financial products. Currently, GTJAI has been assigned Baa2 / Prime-2 and BBB+ / A-2 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.
Porda Havas International Finance Communications Group on behalf of Guotai Junan International Holdings Limited issues the press release.
Contacts
Porda Havas International Finance Communications Group
Mr. Bunny Lee
+852 3150 6707
bunny.lee@pordahavas.com
Ms. Angela Shi
+852 3150 6778
angela.shi@pordahavas.com
Mr. Addison Chu
+852 3150 6750
addison.chu@pordahavas.com
Fax
+852 3150 6728
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