**Leader** has a leading position in the industry, excellent performance, and has a certain influence and appeal in the market of listed companies. They often have a strong brand, market share and competitive advantage, and are able to withstand market risks and sustain growth. In addition, the faucet also needs to be recognized by the market. So, what are the leading stocks?
CICC (601995) + market capitalization leader
1) Main business: Provide comprehensive, one-stop all-round investment banking services.
2) Business Overview: The company has a comprehensive and balanced development of the business structure including investment banking business, ** business, fixed income business, investment management business, wealth management business and research business, since its inception, the company has learned from the advanced management model of the world's first-class investment banks, combined with local best practices, adhering to the "people-oriented, country-oriented, diligent and professional, proactive, customer first, sincere and trustworthy" business philosophy, high standards of practice, Steady and compliant operation, won a good reputation in the market at home and abroad.
3) Core competitiveness: The company uses its own professional and fully functional prime brokerage business platform, rich management experience and innovative financial tools to provide institutional customers with one-stop, full-life cycle financial value-added services, and relies on the core advantages of cross-border business to achieve coverage of major global marketsThe company's fixed income business has been built into a comprehensive platform with risk-taking and hedging capabilities, customer transaction service capabilities, product design and issuance capabilities, and cross-border transaction implementation capabilities, covering fixed income, foreign exchange, commodities and other multi-asset classesAs of June 30, 2020, the total assets under management of the Company through various means amounted to approximately RMB898.3 billionThe company's wealth management business focuses on customer needs, provides comprehensive solutions of "wealth planning + asset allocation" around the entire life cycle of customers, and forms an innovative wealth management model with leading advantages.
Guotai Junan (601211) + performance leader + growth leader
1) Main business: Mainly engaged in brokerage, credit trading, investment banking, trading investment, research, over-the-counter market and other businesses, and through wholly-owned subsidiaries Guotai Junan Asset Management Company, Guotai Junan ** Company, Guotai Junan Venture Capital Company and holding subsidiary Guolian An ** Company, respectively, engaged in asset management, direct investment and management business;Guotai Junan International and its subsidiaries, which are controlled by Guotai Junan Financial Holding Co., Ltd., a wholly-owned subsidiary, are mainly engaged in licensed businesses related to ** approved by the competent authorities in Hong Kong. In addition, the company's holding subsidiary, Shanghai **, and its subsidiaries are engaged in ** business approved by the China Securities Regulatory Commission.
2) Business overview: Focusing on the development of the main business, we obtain handling fees and commission income through the provision of first-class services and obtain investment income through first-class investment.
3) Core competitiveness: (1) Rooted in the heart of the corporate culture: risk control-oriented, the pursuit of excellence. (2) An all-round leader in China's capital market. (3) The leader of science and technology and innovation in China's leading industry.
CITIC** (600030) + market capitalization leader + performance leader + growth leader
1) Main business: mainly engaged in **underwriting and listing recommendation** proprietary trading, asset management and *** trading and other businesses.
2) Business Overview: The Group's investment banking business includes equity financing, bond and structured financing and financial advisory business. 1. The Group provides financing and financial advisory services to various corporate and other institutional clients in China and around the world. 2. The Group's brokerage business is mainly engaged in ** and ** brokerage business, and consignment sales of financial products. 3. The Group's trading business is mainly engaged in the trading and market-making of equity products, fixed income products and derivatives, margin trading and securities lending, alternative investment and block trading business. 4. The Group provides asset management services and products to customers in China and around the world. 5. The asset management business that the Group has carried out includes: collective asset management, directional asset management, special asset management, ** management and other investment account management. 6. The Group's investment business mainly includes private equity investment and other businesses. 7. The Group provides custody and research services.
3) Core competitiveness: The company's main business remains at the forefront of the market. The lead underwriting scale of equity financing was RMB240.8 billion, with a market share of 1176%, ranking first in the industry;The lead underwriting scale of bonds was RMB379.7 billion, with a market share of 255%, ranking second in the industry;Domestic M&A (issuance of shares to purchase assets and major asset restructuring) was completed with a transaction size of RMB119.7 billion, with a market share of 1415%, ranking first in the industry;**Total transaction volume is RMB 1492 trillion yuan, market share 572%, ranking second in the industry;Entrusted assets under management (AUM) RMB 18 trillion yuan, market share 105%, ranking first in the industry;Margin Balance Market Share 667%, ranking first in the industry;**Issued RMB 14.1 billion, with a market share of 1015%, ranking first in the market.
China Securities Construction Investment (601066) + market capitalization leader
1) Main business: investment banking, wealth management, trading and institutional customer services and investment management.
2) Business overview: 1. The main business of the wholly-owned subsidiary of China Securities Construction Investment Co., Ltd. is: commodity brokerage, financial brokerage, investment consulting, asset management and sales.
The main business of CSC Investment Capital, a wholly-owned subsidiary, is: project investment, investment management, asset management and financial advisory (excluding intermediary services). 2. The main business of China Securities Construction Investment International, a wholly-owned subsidiary, is financial holding and investment, and the main business carried out through its subsidiaries is: trading, advising on contracts, advising on contracts, advising on institutional financing, asset management and other businesses. 3. The main business of the holding subsidiary, China Securities Construction Investment, is: fundraising, sales, asset management of specific customers, asset management, and other businesses licensed by the China Securities Regulatory Commission. 4. The main business of the wholly-owned subsidiary, China Securities Construction Investment Investment, is: investment management, equity investment management, investment consulting (except intermediaries), and project investment. As of December 31, 2017, CSCI has not actually carried out business activities.
3) Core competitiveness: The company's investment banking business continues to lead the industry, and its core business indicators rank among the top in the industry. In 2018, the number of lead underwriters of the company's equity financing ranked second in the industry, and the amount of lead underwriting ranked first in the industry. The number of lead underwriters and the amount of lead underwriting of bond business ranked second in the industry, and the number of lead underwriters and the amount of lead underwriting of corporate bonds ranked first in the industry. In terms of mergers and acquisitions, the number of major asset restructuring projects ranked first in the industry. **The number of listed companies in the innovation layer of continuous supervision ranks second among the sponsoring brokers.
The company's wealth management business remains at the forefront of the market. In 2018, the company's net income from trading business accounted for 308%, ranking 10th in the industry;As of December 31, 2018, the closing balance of the Company's margin trading business was RMB2512.2 billion yuan, with a market share of 332%, down 1. from the end of 201720 percentage points.
The company's trading and institutional client services business continued to lead the industry. In terms of fixed income business, the bond proprietary business accurately grasped the market rhythm, and the steady allocation was easily combined with the positive direction, and the bond investment achieved good results. The company has actively carried out the bond connect business, and has accumulated dozens of institutional customers, and its quality ranking has risen rapidly. The company's asset management business structure has been continuously optimized. As of December 31, 2018, the company's entrusted assets under management reached approximately RMB6,5222.9 billion yuan, ranking 6th in the industry, an increase of 20 from the end of 201703%, of which the actively managed fiduciary assets under management amounted to approximately RMB1,9554.4 billion yuan, an increase of 26 from the end of 201772%。
The company's asset custody and operation services business continued to maintain a steady development trend. Custody products include investment, corporate asset management plan, corporate asset management plan, corporate asset management plan and private equity investment. The products of asset custody and operation services cover the whole market investment targets. As of December 31, 2018, the total scale of the Company's asset custody and operation services was RMB2,0471.9 billion yuan, an increase of 4834%, ranking in the forefront of the industry. Among them, the scale of custody **investment** (i.e. public offering**) is RMB 3934.7 billion yuan, ranking second in brokerage custody.
In terms of information technology, the company continued to improve the development and service of dragonfly dianjin app, Youwen, derivatives market-making and other systems. The company's "Risk Measurement and Management System" obtained the "Computer Software Copyright Registration Certificate" issued by the National Copyright Administration.
Bank of China** (601696) + market capitalization leader
1) Main business: investment banking business, brokerage business, asset management business, proprietary business, private equity investment business, business and other businesses.
2) Business Overview: 1. The company's main business is: ** brokerage;**Investment Advisory;Financial advisers in connection with trading, investment activities;**Underwriting & Sponsorship;**Self-operated;**Asset Management;**Investment**Consignment;Margin trading;Distribution of financial products;Public Offering **Investment** Management Business;Provide intermediary introduction business for ** company (projects subject to approval in accordance with the law can only be carried out after approval by relevant departments). 2. The main business of BOCI, a wholly-owned subsidiary, is: commodity brokerage, financial brokerage, investment consulting, and asset management (projects subject to approval in accordance with the law can only be carried out after approval by relevant departments). 3. The main business of BOCI Investment, a wholly-owned subsidiary, is: investment management, equity investment, and investment consulting (for projects subject to approval in accordance with the law, business activities can only be carried out after approval by relevant departments). 4. The main business of BOC Capital Investment Holdings, a wholly-owned subsidiary, is: industrial investment (except for projects involving special administrative measures for foreign investment access), investment management (projects subject to approval in accordance with the law, business activities can only be carried out after approval by relevant departments).
3) Core competitiveness: strong profitability and cost management capabilities;Competitive ** brokerage;Strong investment banking;Industry-leading asset management business;Robust risk management system;Strong shareholder strength.
Huatai ** (601688) + performance leader + growth leader
1) Main business: brokerage, investment banking, asset management, management, self-management, investment management, direct investment, etc.
2) Business Overview: The company's main businesses include brokerage and wealth management business, investment banking business, asset management business, investment and trading business, overseas business and others.
3) Core competitiveness: (1) Advantages of corporate governance structure. (2) Capital scale advantage. (3) Advantages in risk management and internal control. (4) Advantages of comprehensive financial services. (5) The omni-channel advantage of combining online and offline. (6) Advantages in innovation ability. (7) Human resource advantages. (8) Advantages in information technology. (9) Brand influence advantage.
Caida** (600906) + market capitalization leader
1) Main business: ** brokerage;**Investment Advisory;**Underwriting & Sponsorship;**Self-operated;**Asset Management;Margin trading;**Investment**Consignment;Financial advisers in connection with trading, investment activities;Distribution of financial products;Provide intermediary referral business for ** companies.
2) Business overview: After years of development, the company's business scope has been continuously expanded, forming a diversified business development pattern including brokerage, self-management, credit trading, investment banking, asset management, etc., and engaged in the first business through its holding subsidiary Caida.
3) Core competitiveness: 1The regional economic advantages in Hebei Province, especially the planning and construction of Xiong'an New Area, provide a good environment for the company's long-term sustainable development. 2.Strong support and shareholder background have become the most powerful guarantee for the company's development and provide support for the company's development. 3.The company has formed a branch network development trend based in Hebei, radiating to the east and entering the whole country, laying the foundation for the long-term and stable development of the traditional brokerage business. 4.The company's comprehensive business layout and coordinated development strategy have effectively promoted the continuous improvement of market competitiveness and has good growth. 5.Adhering to a solid and steady business style, we continue to achieve medium and long-term stable investment returns for customers.
Cinda** (601059) + valuation leader
1) Main business: ** brokerage;**Investment Advisory;Financial advisers in connection with trading, investment activities;**Underwriting & Sponsorship;**Self-operated;**Asset Management;Margin trading;Distribution of financial products;**Investment**Sales;The company provides intermediary referral services for the company.
2) Business overview: The company positions the asset management business as the company's key business, and strengthens cooperation with the first-class brokerage department and investment banking department to give full play to internal synergies under the regulatory requirements of business isolation and other compliance and risk control requirements. The company pays attention to the investment and research capacity building of asset management business, focuses on cultivating and promoting characteristic active management products, and strives to build a "fixed income +" asset management brand. The sales of the company's asset management products adopts a combination of direct sales and consignment sales, and vigorously expands consignment channels such as banks and Internet platforms while relying on the business outlets of the asset management department and branches. At the same time, the company makes full use of various channels and methods such as sales department, consignment channels, e-mail, SMS, etc., to establish a multi-level and multi-channel customer service system to provide customers with professional asset management services.
3) Core competitiveness: 1. Strong shareholder background and rich network resources. 2. Stable business foundation and good growth. 3. The increasingly perfect market-oriented operation mechanism. 4. Effective compliance and risk control system. 5. Good business innovation ability.
Pacific (601099) + market leader
1) Main business: **underwriting and listing recommendation, **proprietary trading, **trading and other businesses.
2) Business Overview: Private Equity Investment** Business: The Company carries out private equity investment ** management business through its wholly-owned subsidiary, Taizheng Capital, and its main business model is to initiate, establish and manage private equity investment**, collect management fees and obtain excess performance revenue sharing. During the reporting period, the management scale of CPI Capital** was stable.
Alternative investment business: The company carries out alternative investment business through its wholly-owned subsidiary, Taizheng Extraordinary, and its main business model is to use its own funds to engage in equity investment and investment in financial products other than the "List of Self-operated Investment Varieties of **Company**". During the reporting period, Taizheng Extraordinary mainly carried out the exit of pre-investment projects.
3) Core competitiveness: The company has a complete business line and has built a business system with full licenses and full business lines. As of the end of the Reporting Period, the Company had set up 100 branches across the country, covering all provinces, autonomous regions and municipalities directly under the Central Government except Hong Kong, Macao and Taiwan. Significant location advantages: As a local listed brokerage company in Yunnan, the company's brokerage business has ranked first in the Yunnan market share for many years. Benefiting from the opportunities brought about by the development of the national "One Belt, One Road" policy, the company's business scope has gradually radiated to Southeast Asia. Market-oriented operation mechanism: The company has established an institutional system, a talent training system, an assessment and accountability system, and a comprehensive risk management system suitable for the development environment of the industry, which provides institutional and institutional guarantees for the company's business and management transformation.
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