London Stock Exchange today welcomes Huatai Financial Holdings (Hong Kong) Limited (“Huatai Financial”), a wholly owned subsidiary of the Shanghai, Hong Kong and London listed Huatai Securities Co., Ltd. (“Huatai Securities”), as the first Registered Market Maker from Asia on London Stock Exchange.

Founded in 1991, Huatai Securities is a leading securities group headquartered in Nanjing, China. Over the nearly 30 years since its establishment, Huatai Securities has grasped the opportunities offered by China’s capital market reform and opening-up, leading the way in transforming China’s securities industry via financial technologies. Huatai Securities’ global network which operates through Huatai International Financial Holdings Company Limited and its entities such as the premier flagship Huatai Financial, AssetMark and Huatai Securities (USA), effectively strengthens the use of cross-border resources, to assist clients in seizing global opportunities through innovative and synergetic financial services solutions.

Since Huatai Securities became the inaugural issuer of GDR on London Stock Exchange under the Shanghai-London Stock Connect program in June 2019, and Huatai Financial became a member of London Stock Exchange in September 2019, the company has continued to provide customers with more diversified and higher-quality international financial services.

Zhou Yi, CEO of Huatai Securities, said: “We are delighted to become a Registered Market Maker on London Stock Exchange today, representing yet another milestone in Huatai Securities’ journey of international business expansion. As a trailblazer at London Stock Exchange, Huatai Securities was the first GDR issuer to raise capital via the Shanghai-London Stock Connect in 2019, and have now become the first Registered Market Maker from Asia, further cementing our international brand and recognition.”

Levin Wang, CEO of Huatai Financial, said: “As a Registered Market Maker, Huatai Financial will be able to help increase the liquidity and interest in Shanghai-London Stock Connect GDRs, by reducing transaction costs, maintaining price stability and ultimately improving market activity. This next step in our journey, not only helps lay a foundation for more extensive and in-depth business cooperation between London Stock Exchange and domestic exchanges, but also serves as an auspicious way to commemorate the ‘30 years of China’s Capital Market’.”