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Changfa Group Opens Estuary to Hong Kong Capital Market

The plaque of Changchun Securities, a subsidiary of Changfa Group, was unveiled in Hong Kong on June 28, 2018. With the licenses of categories of 1, 4 and 9 granted by Hong Kong Securities Regulatory Commission, Changchun Securities has become the first of its kind in Northeast China that has been founded in Hong Kong. Its founding marks that Changfa Group has opened an estuary to the capital market of Hong Kong for Changchun and the even the old industrial base of Northeast China.

The unveiling of the plaque of Changchun Securities in Hong Kong is a reflection of important achievements made in the construction of a central city in the region of Northeast Asia. In the future, Changchun Securities will bring into play its role as a two-way service platform and serve to get the old industrial base of Northeast China matched with the capital market of Hong Kong. On the one hand, Changchun Securities can provide convenient, high-efficiency and professional financial services for local enterprises in various forms like issuing bonds to attract more funds to the mainland. On the other hand, it is able to bring convenience for the enterprises on the mainland to land at the capital market of Hong Kong and thus have more incubated before getting listed in Hong Kong.

Also on the unveiling day, Changfa Group signed memorandums of understanding to expand cooperation with Northeast Ronghui Securities Assets Management Company Limited, Pan-Asia International and Shougang Concord Grand Group.