Southwest Securities Mergers and acquisitions capital Chongqing billion gold control platform essay

Chongqing to establish a comprehensive management of billions of dollars in the exploration of financial holding group, finally made a substantial step. March 4 evening, Southwest Securities Co., Ltd. (600369.　　SH, Southwest Securities) issued a notice that the Southwest Securities and Capital Securities signed the "Southwest Securities Co., Ltd. and the capital of Securities Limited liability company major restructuring letter of intent," since March 7, the stock continued to suspend business 30th.　　March 5, Southwest Securities announced, the implementation of Chongqing's financial industry, the largest talent introduction program, for domestic and foreign recruitment of 137 high-end financial talent, involving 17 departments 44 positions, including the general manager of Research and Development Center, Securities Business Department general manager, Human Resources deputy general Manager, general manager of financial funds and other senior executives. Southwest Securities as the only national background securities company in Chongqing, so frequent movements inevitably lead to market speculation.　　At the beginning of 2010, Chongqing Mayor Huang Qifan, a "finance mayor", was the first to explore and set up financial holding groups in the work of the Chongqing municipal government to include 2010 years of work goals and tasks.　　The marriage of the Southwest Securities and Capital Securities has a strong government-led meaning from the beginning. And from the southwest of the securities to absorb the merger of the beginning of securities, Huang Qifan take the lead in a strong leadership, High-profile PR.　　Therefore, many people in the industry believe that from the beginning of the southwest Securities to take the acquisition of capital Securities, there seems to be no suspense. "Capital Securities are a Class A brokerage, Hong Kong has a license plate, after recent years of development, has preliminarily formed a foothold in Beijing, radiation nationwide institutional system and business Network, now in the country more than 10 provinces and cities have sales offices, the number of business outlets are also more than Southwest securities, holding and equity of the financial enterprises have the capital Securities (HK) Financial Holdings Limited, the Capital Futures Company, the Central European Fund Management Co., Ltd. and Southwest Securities as a Type B brokerage, the business department concentrated in the southwest, the acquisition of a class brokerage, significant.　　"Bohai Securities chief analyst Wei Yong to The Times weekly reporter analysis. Prior to the south-West Security executives said the main disadvantage of the current Southwest securities is the limited size of the network and brokerage business lacks more aggressive strategy.　　Now the advantages of the securities are perfect to fill the southwest securities of the short board, and according to the capital Securities insiders said that the securities have been brewing their own IPOs, and now just can take off from the southwest of the securities, the marriage is a natural match.　　Analysts said that if the plan succeeds, the two "marriage" will become the first domestic listed securities mergers and acquisitions reorganization case.　　Absorbing and merging is the best way. The securities of the western countries are one of the important measures for the Zhongqing government to set up the financial holding platform. "To tie in with the pace of Chongqing to build the financial center of the Yangtze River, Zhongqing government has been lacking a sound and controllable financial holding platform to integrate local banks, trusts and other financial resources and capital markets." As a provincial administrative unit, Zhongqing only 33 of listed companies, the securitization rate is too low. This unbalanced development of capital market andIn contrast, the financial development in the eastern coastal region will become an important obstacle to the economic development of Chongqing and the surrounding areas.　　"Wei Yong said.　　Earlier, there is also news that Southwest securities mergers and Acquisitions Chongqing Trust has been quietly put on the agenda. "As one of the shareholders of the southwest Securities, Chongqing Trust has always wanted to securitisation its assets."　　People familiar with the situation said that the Chongqing Trust had been working on the shell listing as early as the Southwest securities market, but for a variety of reasons, backdoor plans to run aground for a long time.　　The asset consolidation plan for the southwestern Securities and Chongqing Trust will be realized, the person said. For both sides is undoubtedly a major "good": Chongqing Trust assets absorbed into the Southwest securities, can successfully achieve the purpose of asset securitization, and for the Southwest Securities, will also be a lot of financial licences, and thus further bigger and stronger. Huang Qifan has repeatedly made it clear in public that as the only national securities Company in Chongqing, Southwest Securities is the key training object in Chongqing, and as soon as possible, "the next step is to acquire the equity of Non-bank financial institutions or holding banks to realize the combination of companies with banks, trusts and other financial institutions to form a financial group." "" Southwest Securities itself as a listed company, the internal governance system, the development of mature, it is important, also rooted in Chongqing, has a good geographical advantage, the Government is the lead, the operation is very convenient, when it can be directed to the Chongqing Trust, to absorb the merger of Chongqing Trust assets.　　Wei Yong to The Times weekly reporter analysis. However, according to Chongqing International Trust Co., Ltd. Chairman He Yube, under the current financial separation supervision, securities companies to the holding company, but also face some policy obstacles. In other words, the government must release it if it is to take place. He Yube said that the southwestern Securities Brewing and acquisition of Chongqing Trust, is in response to the Government's call to cooperate with Chongqing to build the Yangtze River Central Financial Center plan. Times weekly reporter calls to the Southwest Securities Chairman Ongzhenjie to build a financial holding platform, he said after a brief silence: "I do not know this thing."　　Then hurriedly hung up the phone. However, combined with the fact that the securities of Southwest China Securities Union, it can be clearly seen that Chongqing billions of gold control platform has been in the preparation.　　The next step of the merger plan for Southwest China's securities is to be realized. Earlier, the Chongqing Sasac has given the Southwest Securities Junlingzhuang, in late 2012, Southwest securities should become the domestic market value of more than billions of securities companies. To achieve such a scale, you have to have a certain platform, and merge absorption is the best way. Responsible Editor: NF016