GF Securities

GF Securities (Chinese: 广发证券; pinyin: Guǎngfā zhèngquàn)is a securities firm in China which engages in the operation of large-scale comprehensive securities broking and trading services. The company was founded in 1991 and is headquartered in Guangzhou, China. By mid-2020, it was among China's four largest securities firms, together with CITIC Securities, Guotai Junan Securities, and Haitong Securities. The securities department of China Guangfa Bank was established on 9 April 1991. On 26 August 1999, the firm was spun-off as a separate company. On 25 July 2001, the firm changed its name to GF Securities. GF Securities listed on the Shenzhen Stock Exchange on 12 February 2010, via a reverse takeover by Yan Bian Road Construction Co., Ltd. On 5 August 2015, GF Securities paid $40 million to purchase Natixis' commodities trading unit. On 10 April 2015, GF Securities listed on the Hong Kong Stock Exchange. In April 2023, the China Securities Regulatory Commission filed a case against GF Securities for the inadequate review of a shares issuance. In June 2023, GF Securities announced it would acquire a 20.2% stake in Value Partners.