Changjiang Securities

Changjiang Securities Company Limited is a Chinese securities firm headquartered in Wuhan, Hubei Province. Its activities cover a range of capital-markets and investment-related services, including securities brokerage, securities underwriting, investment consultation, proprietary securities trading, entrusted investment management, and related agency and custody services. The company serves customers through a nationwide operating network that, according to the referenced description, includes 16 branches, 148 securities sales departments, and 17 futures business departments. The business originated in 1988 as Hubei Securities Company. The use of the Changjiang Securities name dates from 2002, when the company was renamed Changjiang Securities Company Limited. Its corporate and listing structure changed substantially in 2007, when it completed a backdoor listing through a merger with Shijiazhuang Petrochemical Company Limited, a Sinopec subsidiary. The transaction provided the route through which Changjiang Securities became publicly listed on the Shenzhen Stock Exchange under stock code 000783. Changjiang Securities operates as a broad-based securities intermediary rather than as a single-product financial brand. Its brokerage activities include commission-based securities buying and selling, account-opening and registration agency services, securities custody and authentication, and the agency handling of debt-service and dividend distributions. Its investment-banking activities include securities underwriting. The company also provides investment-advisory services, entrusted investment-management services, and proprietary securities trading. Its associated futures network extends the firm’s market-services footprint beyond conventional securities brokerage. The company’s principal market is China, with its physical service network distributed across the country. Publicly available reference material identifies Wuhan as its headquarters and describes a nationwide branch and sales-department presence. The available source material does not establish a separate international operating strategy, detailed ownership structure, current executive roster, financial performance, or a complete chronology of product launches. Those details are therefore not asserted here. Changjiang Securities is best characterized as a listed Chinese comprehensive securities company whose identity has been shaped by its transition from Hubei Securities, its 2002 renaming, and its 2007 backdoor listing.

Changjiang Securities traces its origins to 1988, when it was established as Hubei Securities Company. This initial identity placed the business within the securities and capital-markets sector serving China’s developing financial system. The available reference material does not provide a detailed account of its early ownership, management, branch expansion, or product development, so those aspects are not specified here. A major naming transition occurred in 2002, when Hubei Securities Company adopted the name Changjiang Securities Company Limited. The new name linked the company more closely with the Changjiang region and became the corporate brand under which the firm subsequently developed its comprehensive securities-service model. Its activities included securities commission sales and purchases, agency services relating to debt servicing and dividend distributions, securities custody and authentication, account opening and registration agency work, proprietary securities trading, securities underwriting, securities investment consultation, and entrusted investment management. The company experienced another significant structural change in 2007. It achieved a backdoor listing through a merger with Shijiazhuang Petrochemical Company Limited, identified in the reference material as a subsidiary of Sinopec. Rather than entering the public market solely through a conventional initial public offering, Changjiang Securities used the merger structure to obtain a listed-company platform. Following the transaction, the company became associated with Shenzhen Stock Exchange stock code 000783. Changjiang Securities’ operating model combines customer-facing brokerage services with investment-banking and investment-management functions. The brokerage side supports securities transactions and related administrative services, while underwriting and investment consultation connect the firm to corporate financing and investor decision-making. Proprietary trading and entrusted investment management add activities conducted for the company’s own account or on behalf of clients. The firm also maintains futures business departments, giving it a broader market-services presence than a securities-sales network alone. The referenced description reports a nationwide network of 16 branches, 148 securities sales departments, and 17 futures business departments. This footprint indicates an emphasis on distributed service access within China. However, the supplied material does not document the dates on which individual offices were opened, the company’s current assets or revenue, later acquisitions, changes in controlling ownership, or the names and tenures of executives. It also does not identify specific advertising campaigns, product-generation launches, scandals, lawsuits, or regulatory actions. Accordingly, the documented history is centered on the company’s 1988 establishment, its 2002 renaming, its 2007 backdoor listing, and the continuing development of a nationwide comprehensive securities platform.

• 2007

  Backdoor listing through merger

  [1]Changjiang Securitiesen.wikipedia.org

  Changjiang Securities achieved a backdoor listing through a merger with Shijiazhuang Petrochemical Company Limited, a Sinopec subsidiary, and became associated with Shenzhen Stock Exchange code 000783.

• 2002

  Renamed Changjiang Securities Company Limited

  [1]Changjiang Securitiesen.wikipedia.org

  Hubei Securities Company adopted the Changjiang Securities Company Limited name, establishing the current core corporate brand.

• 1988

  Company established as Hubei Securities Company

  [1]Changjiang Securitiesen.wikipedia.org

  The securities business that later became Changjiang Securities was established under the name Hubei Securities Company.

A comprehensive Chinese securities firm serving retail and institutional capital-markets needs through brokerage, investment banking, investment management, advisory, and related market infrastructure services.

• Brokerage

  Securities brokerage

  Changjiang Securities provides commission-based agency services for securities purchases and sales. Brokerage operations are supported by its branches and securities sales departments across China, giving customers access to securities transactions and associated account services.

• Securities administration

  Securities custody and account services

  The company’s documented services include securities custody and authentication, account opening, registration agency work, and related administrative processing. These functions support the holding and servicing of securities positions alongside the firm’s transaction services.

• Investment banking

  Investment banking and underwriting

  Changjiang Securities undertakes securities underwriting as part of its investment-banking activities. The available reference does not specify particular underwriting products, industry specializations, transaction volumes, or named mandates.

• Advisory

  Investment consultation

  The firm provides securities investment consultation, connecting customers with research and advisory support related to investment decisions. The supplied material does not describe the firm’s specific research publications, advisory packages, or distribution channels.

• Asset management

  Entrusted investment management

  Changjiang Securities offers entrusted investment-management services, in which investment activities are conducted under arrangements established with clients. No specific fund families, mandates, strategies, or performance information is provided in the reference material.

• Principal investment

  Proprietary securities trading

  The company is described as conducting self-support, or proprietary, purchases and sales of securities. This represents activity undertaken for the firm’s own account rather than solely as an agency service for brokerage customers.

• Futures

  Futures services

  The company’s nationwide network includes 17 futures business departments according to the referenced description. The available material confirms this business presence but does not identify specific futures products, brands, or operating subsidiaries.

• 2026

  Fined 849,000 yuan for customer due diligence and suspicious transaction reporting violations

  In September 2026, the Hubei Provincial Branch of the People's Bank of China fined Changjiang Securities 849,000 yuan for failing to conduct customer due diligence and report suspicious transactions as required.

  Source

• 2025

  Underwriting and sponsorship subsidiary ordered to rectify quality control and fee irregularities

  In 2025, the CSRC ordered Changjiang Securities Underwriting and Sponsorship Co., Ltd. to rectify issues, citing irregularities in on-site verification, follow-up on internal review opinions, and fees charged on certain projects. The entry makes clear that the entity involved is the company's sponsorship arm.

  Source

Read more

1. 1Changjiang Securitiesen.wikipedia.org
2. 2Fined 849,000 yuan for customer due diligence and suspicious transaction reporting violationseeo.com.cn
3. 3Underwriting and sponsorship subsidiary ordered to rectify quality control and fee irregularitiesyicai.com