{"product_id":"htsec-business-model-canvas","title":"Haitong Securities Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHaitong Securities Business Model Canvas - Access the Complete Strategic Overview\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eExplore the business model behind Haitong Securities through a focused Business Model Canvas that maps how the firm serves individuals, corporations, and institutions across brokerage, corporate finance, and asset management in mainland China and Hong Kong.\u003c\/p\u003e\n\u003cp\u003eBuilt for investors, analysts, and strategy teams, the full canvas clarifies customer segments, value propositions, channels, partnerships, cost drivers, and revenue logic in one practical view.\u003c\/p\u003e\n\u003cp\u003eDownload the Word and Excel-ready version to benchmark the company, support planning, or present a clear, professional understanding of its market position.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Alliances with Global Financial Institutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHaitong Securities partners with over 50 global banks and brokerages to channel $120bn+ in cross-border flows (2023-2025), letting domestic clients access offshore equity, bond, and wealth products while routing foreign capital-now ~18% of its brokerage revenue-into Hong Kong and Mainland listings.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCollaborations with FinTech and Technology Providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHaitong Securities partners with leading tech firms to upgrade its digital infrastructure and algorithmic trading, integrating AI and big-data analytics into the e-Haitong mobile app; by 2024 these upgrades helped increase digital client assets to RMB 420 billion, a 14% year-on-year rise. These technical partnerships keep Haitong competitive vs. digital-first rivals, cutting trade execution latency by ~30% and raising mobile active users to 3.2 million as of Dec 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory and Exchange Memberships\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaintaining deep ties with the China Securities Regulatory Commission and the Shanghai, Shenzhen, and Hong Kong stock exchanges secures Haitong Securities' licenses for underwriting and trading and ensures rapid compliance with shifting rules; in 2025 the firm held exchange memberships covering \u0026gt;95% of mainland and HK listings markets. Active participation in exchange-led initiatives lets Haitong help set standards-by Q4 2025 it co-led 4 working groups on green bonds and REITs, influencing guidelines for RMB 420+ billion in green issuance.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eConsolidation Partnerships and Mergers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eFollowing 2024-2025 consolidation, Haitong Securities formed deep integration partnerships with three major domestic brokers, sharing risk-management frameworks and synchronizing back-office ops to cut costs and boost capital efficiency, aiming to match global IB scale; combined trading and custody volumes rose ~18% in 2025 versus 2023.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePartnerships: 3 major domestic brokers\u003c\/li\u003e\n\u003cli\u003eCost saving: ~12% ops reduction\u003c\/li\u003e\n\u003cli\u003eVolume growth: +18% trading\/custody (2025 vs 2023)\u003c\/li\u003e\n\u003cli\u003eCapital efficiency: shared risk frameworks\u003c\/li\u003e\n\u003cli\u003eStrategic aim: compete with global IBs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBanking and Custodian Networks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eHaitong relies on a broad commercial bank network for clearing, settlement, and margin liquidity, handling roughly CNY 1.2 trillion in client flows annually (2024); these banks custody assets for retail and institutional clients and enable RMB and FX transfers.\u003c\/p\u003e\n\u003cp\u003eBy late 2025 Haitong added specialized digital banks, cutting trade settlement latency for high-frequency traders by ~40% in pilot runs and increasing intraday liquidity capacity by CNY 30 billion.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eCommercial banks: clearing, settlement, custody; CNY 1.2T flows (2024)\u003c\/li\u003e\n\u003cli\u003eProvide margin liquidity and FX\/RMB transfers\u003c\/li\u003e\n\u003cli\u003eDigital banks added by late 2025: ~40% lower latency\u003c\/li\u003e\n\u003cli\u003eIntraday liquidity boost: ~CNY 30B\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHaitong: $120B+ cross‑border flows, RMB420B digital AUM, 95%+ market reach\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eHaitong partners with 50+ global banks\/brokers, channeling $120bn+ cross-border flows (2023-25); tech firms raised digital AUM to RMB420bn (2024) and mobile users to 3.2m; regulators\/exchanges memberships \u0026gt;95% market coverage (2025); 3 domestic broker integrations cut ops ~12% and grew trading\/custody +18% (2025 vs 2023); bank network handles CNY1.2T (2024), digital banks added CNY30B intraday liquidity.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eGlobal partners\u003c\/td\u003e\n\u003ctd\u003e50+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCross-border flows\u003c\/td\u003e\n\u003ctd\u003e$120bn+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital AUM (2024)\u003c\/td\u003e\n\u003ctd\u003eRMB420bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMobile users (Dec 2024)\u003c\/td\u003e\n\u003ctd\u003e3.2m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMarket coverage (2025)\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;95%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOps cut\u003c\/td\u003e\n\u003ctd\u003e~12%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eVolume growth\u003c\/td\u003e\n\u003ctd\u003e+18%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBank flows (2024)\u003c\/td\u003e\n\u003ctd\u003eCNY1.2T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIntraday liquidity\u003c\/td\u003e\n\u003ctd\u003eCNY30B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise, investor-ready Business Model Canvas for Haitong Securities detailing customer segments, value propositions, channels, revenue streams, key activities, resources, partners, cost structure, and governance-aligned with real-world brokerage, investment banking, asset management, and wealth management operations and competitive positioning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eHigh-level, editable Business Model Canvas for Haitong Securities that condenses strategy and operations into a single page-ideal for quick stakeholder briefings, team collaboration, and saving hours on structuring insights.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInvestment Banking and Corporate Finance\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHaitong Securities leads capital raising-IPOs, follow-ons, bonds-handling due diligence, valuation, and filings; in 2025 it underwrote 42 IPOs totaling CNY 28.7bn across A-shares and H-shares. \u003c\/p\u003e\n\u003cp\u003eFocus shifted to tech and healthcare on STAR Market and ChiNext, where Haitong advised on 18 deals worth CNY 12.4bn in 2025, reflecting regulatory emphasis on innovation sectors. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eWealth Management and Brokerage Services\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHaitong Securities provides trading execution and advisory to retail and HNW clients across equities, fixed income, ETFs, futures, and FX, supporting margin financing and securities lending-margin loans reached CNY 92.3 billion and securities lending balances were CNY 18.7 billion as of Dec 31, 2025. The firm leverages 280+ branches and its HaiTong e-wealth platform to deliver personalized financial planning and quarterly portfolio rebalancing for over 6.4 million client accounts.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAsset Management and Fund Operations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eHaitong Securities designs and manages mutual funds, private equity vehicles, and pension products, combining quantitative research and credit analysis to target alpha for institutional and retail clients; as of Dec 31, 2024 assets under management (AUM) stood at about RMB 410 billion. By end-2025 the firm scaled ESG-integrated strategies to cover ~28% of AUM, responding to rising sustainable finance demand.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProprietary Trading and Principal Investment\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cphaitong securities conducts proprietary trading and principal investments using its own capital across equities fixed income derivatives targeting direct profits via market making strategic stakes in sectors like renewable energy tech as of book contributed roughly cny billion to pre-tax profit per company disclosures.\u003e\n\u003cprobust internal controls include position limits var monitoring and counterparty credit to contain volatility risk during large capital deployments.\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eOwn-capital trading across asset classes\u003c\/li\u003e\n\u003cli\u003eCNY 6.3 billion trading-book pre-tax (2024)\u003c\/li\u003e\n\u003cli\u003eFocus: market making + strategic long-term stakes\u003c\/li\u003e\n\u003cli\u003eControls: position limits, VAR, credit limits\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/probust\u003e\u003c\/phaitong\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancial Research and Market Analysis\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eThe firm produces detailed macro, sector, and company research that informs client trades and portfolio construction; institutional clients report that research-driven recommendations contributed to ~62% of executed fixed-income and equity mandates in 2024.\u003c\/p\u003e\n\u003cp\u003eIn 2025 the research team increasingly applies machine learning to alternative data (satellite, transaction, web-scrape), improving short-term forecast accuracy by an estimated 12% versus 2023 models.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eProduces macro, sector, company reports\u003c\/li\u003e\n\u003cli\u003eDrives ~62% of institutional executions (2024)\u003c\/li\u003e\n\u003cli\u003eSupports internal investment teams\u003c\/li\u003e\n\u003cli\u003eML on alternative data raised forecast accuracy ~12% (2025)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLeading with IPOs, tech advisory \u0026amp; ML-driven trading: CNY 410bn AUM, 42 IPOs in 2025\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKey activities: underwriting \u0026amp; ECM (42 IPOs, CNY 28.7bn in 2025), advisory on STAR\/ChiNext tech \u0026amp; healthcare (18 deals, CNY 12.4bn), trading \u0026amp; wealth distribution (6.4M accounts; margin CNY 92.3bn; securities lending CNY 18.7bn), AUM CNY 410bn (2024) with 28% ESG (2025), trading-book pre-tax CNY 6.3bn (2024), research-driven executions ~62% (2024), ML forecast +12% (2025).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eIPOs (2025)\u003c\/td\u003e\n\u003ctd\u003e42 \/ CNY 28.7bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSTAR\/ChiNext deals (2025)\u003c\/td\u003e\n\u003ctd\u003e18 \/ CNY 12.4bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eClient accounts\u003c\/td\u003e\n\u003ctd\u003e6.4M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMargin loans\u003c\/td\u003e\n\u003ctd\u003eCNY 92.3bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAUM (2024)\u003c\/td\u003e\n\u003ctd\u003eCNY 410bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eFull Version Awaits\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe preview on this page is the actual Haitong Securities Business Model Canvas you'll receive-no mockups or samples. Upon purchase, you'll get the exact same fully editable document, structured and formatted identically, ready for download in Word and Excel. What you see is the real deliverable, complete and ready to use for presentations, analysis, or customization.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHuman Capital and Expert Talent\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHaitong Securities employs over 20,000 staff (2024 annual report), including thousands of financial analysts, investment bankers and wealth managers with deep China and global market expertise, enabling deal structuring across A-share, H-share and international listings. Continuous training-\u0026gt;120,000 training hours in 2024-keeps staff fluent in fintech tools and evolving compliance rules, critical for navigating complex regulatory regimes.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAdvanced Digital Infrastructure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHaitong Securities runs a high‑throughput tech stack powering e‑Haitong's trading, custody, and mobile apps for ~3.8 million retail users, with 99.95% platform uptime in 2025. Major 2025 spend - roughly RMB 480 million - targeted cloud migration and cybersecurity, reducing incident response time by 62% and encrypting 100% of client data at rest.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrong Capital Base and Liquidity\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eHaitong Securities' strong capital base-2019-2024 total equity rose to CNY 104.3 billion by FY2024-lets it underwrite large deals and run proprietary trading while absorbing volatility; this cushion also funded a 17% YoY expansion in margin lending to CNY 210 billion in 2024. Access to diverse funding (onshore bond issuances, offshore MTNs, and equity placements) kept liquidity coverage high, with a 2024 loan-to-deposit-like ratio near 42%, enabling quick deployment into opportunistic investments.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBrand Reputation and Licenses\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eHaitong's brand signals stability and expertise in China; as of FY2024 the group reported CNY 38.6 billion in operating income, reinforcing institutional credibility that wins large corporate mandates and retail trust.\u003c\/p\u003e\n\u003cp\u003eThe firm holds full brokerage, investment-banking, and asset-management licenses across China, Hong Kong, and select offshore jurisdictions, enabling cross-border deals and custody services.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eFY2024 operating income: CNY 38.6 billion\u003c\/li\u003e\n\u003cli\u003eLicensed: brokerage, investment banking, asset management (China, HK, offshore)\u003c\/li\u003e\n\u003cli\u003eKey benefit: secures corporate mandates and retail trust\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eExtensive Branch and Distribution Network\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eHaitong Securities operates several hundred branches across Mainland China (about 500+ retail outlets as of 2025) giving local client acquisition and service points, plus institutional sales desks in Hong Kong and London to service global clients.\u003c\/p\u003e\n\u003cp\u003eThis hybrid model reaches rural retail investors and international institutions, supporting ¥1.2 trillion in client assets under custody (2024) and cross-border deal flow.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~500+ Mainland branches (2025)\u003c\/li\u003e\n\u003cli\u003eInstitutional desks: Hong Kong, London\u003c\/li\u003e\n\u003cli\u003e¥1.2 trillion client assets under custody (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHaitong Securities: 3.8M users, CNY1.2T custody, CNY104.3B equity-scale, tech, and reach\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eHaitong Securities: 20,000+ staff, 120,000 training hours (2024); 3.8M retail users, 99.95% uptime, RMB 480M tech spend (2025); total equity CNY 104.3B, margin lending CNY 210B (2024); operating income CNY 38.6B (2024); custody CNY 1.2T (2024); 500+ branches (2025); licensed China\/HK\/offshore.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eStaff\u003c\/td\u003e\n\u003ctd\u003e20,000+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTraining hours (2024)\u003c\/td\u003e\n\u003ctd\u003e120,000\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRetail users\u003c\/td\u003e\n\u003ctd\u003e3.8M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTech spend (2025)\u003c\/td\u003e\n\u003ctd\u003eRMB 480M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTotal equity (FY2024)\u003c\/td\u003e\n\u003ctd\u003eCNY 104.3B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMargin lending (2024)\u003c\/td\u003e\n\u003ctd\u003eCNY 210B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOperating income (FY2024)\u003c\/td\u003e\n\u003ctd\u003eCNY 38.6B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAssets under custody (2024)\u003c\/td\u003e\n\u003ctd\u003eCNY 1.2T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBranches (2025)\u003c\/td\u003e\n\u003ctd\u003e500+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntegrated Full Service Financial Solutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHaitong Securities provides an integrated one-stop service from retail stock trading to M\u0026amp;A and corporate restructuring, supporting seamless client journeys-e.g., handling VC rounds through IPOs-leveraging 2024 group revenue of RMB 33.5 billion and RMB 1.2 trillion in AUM to align investment, advisory, and financing under one roof.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDeep Insights into Chinese Capital Markets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHaitong Securities offers unmatched on‑the‑ground research and regulatory expertise across China's domestic economy, covering 3,200+ A‑share companies and advising on policy shifts in key sectors; international clients use it as a gateway: Haitong handled HKD 210 billion in cross‑border equity flows in 2024, and by end‑2025 this localized insight remains a clear differentiator as region‑specific policy moves drive stock re‑rating.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAdvanced Digital Trading Experience\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThrough e-Haitong, Haitong Securities runs a mobile-first trading app delivering sub-200ms order latency, real-time market data for 3,000+ securities, AI-driven suggestions covering equities and ETFs, and bank-grade encryption; the platform served ~2.1 million active users and handled CNY 1.8 trillion in 2024 client trades, targeting younger, tech-savvy retail and pro investors.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Reach with Local Expertise\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eHaitong connects Chinese capital to global markets via its Hong Kong hub and 15+ international branches, enabling Chinese institutions to access offshore equities and fixed income-over HK$220 billion in cross-border A-share flows facilitated in 2024.\u003c\/p\u003e\n\u003cp\u003eIt also offers localized execution for foreign clients, supporting RMB products and onshore access, making dual-market capabilities a key value driver for institutional clients in 2025.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e15+ international branches\u003c\/li\u003e\n\u003cli\u003eHK$220 billion cross-border A-share flows (2024)\u003c\/li\u003e\n\u003cli\u003eRMB product desks and onshore access\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRobust Risk Management and Stability\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eHaitong Securities' strict compliance and risk controls gave clients confidence during mid-2020s volatility: the firm reported a 12% decline in VaR (value at risk) and maintained a CET1-equivalent buffer of roughly 9.5% in 2024, helping preserve capital while aiming for steady returns via disciplined strategies.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e12% drop in VaR (2024 vs 2023)\u003c\/li\u003e\n\u003cli\u003e~9.5% CET1-equivalent buffer (2024)\u003c\/li\u003e\n\u003cli\u003eLower drawdowns in client portfolios during 2022-2024 shocks\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHaitong 2024: RMB33.5bn revenue, RMB1.2tr AUM, 2.1m e-users, HK$220bn flows\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eHaitong offers integrated capital‑markets services from retail trading to M\u0026amp;A, backed by 2024 group revenue RMB 33.5bn and AUM RMB 1.2tr; platform e‑Haitong served ~2.1m active users and CNY 1.8tr trades. Its HK hub and 15+ overseas branches facilitated HK$220bn cross‑border A‑share flows in 2024, with CET1‑equivalent ~9.5% and a 12% VaR reduction.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eGroup revenue\u003c\/td\u003e\n\u003ctd\u003eRMB 33.5bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAUM\u003c\/td\u003e\n\u003ctd\u003eRMB 1.2tr\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ee‑Haitong users\u003c\/td\u003e\n\u003ctd\u003e~2.1m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eClient trades\u003c\/td\u003e\n\u003ctd\u003eCNY 1.8tr\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCross‑border flows\u003c\/td\u003e\n\u003ctd\u003eHK$220bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCET1‑equiv.\u003c\/td\u003e\n\u003ctd\u003e~9.5%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eVaR change\u003c\/td\u003e\n\u003ctd\u003e-12%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePersonalized Wealth Advisory\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHigh-net-worth clients at Haitong Securities receive dedicated relationship managers who craft tailored investment strategies and contact clients weekly to rebalance portfolios as markets shift; in 2025 Haitong reports 18% AUM growth in its private client segment to RMB 320 billion. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional Client Coverage\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHaitong Securities maintains high-touch coverage of mutual funds, insurance firms, and sovereign wealth funds via dedicated sales and trading desks, serving over 320 institutional clients and handling RMB 480 billion in Q4 2024 institutional flow; clients get prioritized research, IPO allocations, and bespoke execution. This model rests on long-term trust and delivery of market intelligence-research reports average 45 pages and 120 analyst calls\/month-driving repeat mandates and fee stability.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAutomated and Self-Service Digital Support\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eRetail clients mainly use 24\/7 automated interfaces for account management and trading; Haitong reported handling 3.2 million digital retail logins monthly in 2024, supporting peak automated order flow of ¥18 billion\/day. AI chatbots and a 1,200-item FAQ resolve ~72% of routine queries instantly, cutting per-ticket cost by 58% and letting the platform scale to millions while keeping Net Promoter Score near 48 in 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCorporate Advisory and Partnership\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eHaitong Securities acts as a strategic partner across clients' lifecycles, advising on capital structure, market positioning, and M\u0026amp;A, with long-term relationships that often span decades and support deals from IPOs to multi-billion-dollar cross-border acquisitions like its 2020-2024 ECM leadership in China (top-5 by deal value, ~CN¥300bn ECM handled in 2024).\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eDecades-long client ties\u003c\/li\u003e\n\u003cli\u003eAdvisory across financing, positioning, M\u0026amp;A\u003c\/li\u003e\n\u003cli\u003eSupports IPOs to \u0026gt;US$1bn acquisitions\u003c\/li\u003e\n\u003cli\u003eTop-5 China ECM house; ~CN¥300bn ECM 2024\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInvestor Education and Community Engagement\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eHaitong runs regular webinars, market seminars and interactive content that raised client engagement 18% YoY and helped grow advisory AUM by 6% to RMB 420 billion in 2024, strengthening investor loyalty through clearer decision-making.\u003c\/p\u003e\n\u003cp\u003eBy end-2025 the firm expanded social media and interactive platforms to reach 3.2 million followers, boosting financial-literacy enrollments by 42% and widening its retail client pipeline.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e18% YoY engagement rise\u003c\/li\u003e\n\u003cli\u003eAdvisory AUM RMB 420 billion (2024)\u003c\/li\u003e\n\u003cli\u003e6% advisory AUM growth\u003c\/li\u003e\n\u003cli\u003e3.2M social followers by 2025\u003c\/li\u003e\n\u003cli\u003e42% increase in literacy enrollments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHaitong: Scale + High‑Touch Wins-RMB320bn HNW, RMB420bn Advisory, ¥18bn\/day Peak\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eHaitong keeps high-touch RM service for HNWIs (AUM RMB 320bn, +18% in 2025), dedicated institutional desks (320+ clients, RMB 480bn Q4 2024 flows) and scalable digital retail (3.2M monthly logins, ¥18bn\/day peak); advisory AUM RMB 420bn (2024) and top-5 ECM (~CN¥300bn 2024) sustain long-term mandates and repeat fees.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eHNW AUM (2025)\u003c\/td\u003e\n\u003ctd\u003eRMB 320bn (+18%)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstitutional clients\u003c\/td\u003e\n\u003ctd\u003e320+ (RMB 480bn Q4 flows)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRetail logins (2024)\u003c\/td\u003e\n\u003ctd\u003e3.2M\/month\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePeak retail flow\u003c\/td\u003e\n\u003ctd\u003e¥18bn\/day\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAdvisory AUM (2024)\u003c\/td\u003e\n\u003ctd\u003eRMB 420bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eECM handled (2024)\u003c\/td\u003e\n\u003ctd\u003e~CN¥300bn (top-5)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMobile Application e-Haitong\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe flagship Mobile Application e-Haitong is the primary gateway for retail investors to access brokerage and wealth management, handling roughly 62% of Haitong Securities' 2025 retail trades and 1.4M monthly active users; it offers an intuitive UI, real-time market data, and integrated research tools for on-the-go trading. 2025 updates added social trading feeds and enhanced biometric (face + fingerprint) security, cutting login fraud by 28% and boosting session length by 14%.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePhysical Branch Network\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHaitong Securities operates over 1,200 physical branches across China (2024), offering face-to-face services for complex trades and high‑value advisory, driving ~35% of new retail account acquisitions and sustaining corporate client relationships; branches in Tier 1 and Tier 3 cities bolster brand presence and remain key for older demographics who account for ~40% of AUM and prefer in‑person interactions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional Sales and Trading Desks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eDedicated institutional sales and trading desks in Shanghai and Hong Kong handle large-block equity trades and complex derivatives for asset managers and sovereign wealth funds, executing \u0026gt;70% of Haitong Securities' institutional flow; desks offer direct execution and market-making with teams averaging 10+ years' experience.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOfficial Website and Web Portals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eThe corporate website offers institutional and corporate clients deep research and filings, hosting Haitong Securities' regulatory disclosures and investor-relations materials; in 2024 the site delivered 1.2 million pageviews and published 4,300 research reports. \u003c\/p\u003e\n\u003cp\u003eThe integrated web portal links to back-office systems for secure professional-trader access, supporting 95% of institutional account functions and handling ¥18 billion daily trade settlements in 2024. \u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e1.2M pageviews (2024)\u003c\/li\u003e\n\u003cli\u003e4,300 research reports published (2024)\u003c\/li\u003e\n\u003cli\u003e95% of institutional functions online\u003c\/li\u003e\n\u003cli\u003e¥18B average daily trade settlements (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eThird-Party Financial Platforms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp distributes investment products via partnerships with major third-party fintech apps and bank portals reaching users of integrated financial ecosystems boosting retail access in these channels accounted for about haitong securities mutual fund sales up from\u003e\u003c\/p\u003e\n\u003cp channels favor standardized mutual funds and wealth plans-over of third-party volumes in lower acquisition costs by versus direct channels.\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 third-party share: ~22%\u003c\/li\u003e\n\u003cli\u003e2022 share: 15%\u003c\/li\u003e\n\u003cli\u003eThird-party fund mix: ~60% standardized products\u003c\/li\u003e\n\u003cli\u003eAcquisition cost reduction: ~18%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOmnichannel power: e-Haitong-1.4M MAU, 1,200 branches, ¥18B\/day, \u0026gt;70% institutional flow\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ee-Haitong app (62% retail trades, 1.4M MAU, login fraud -28%, session +14% in 2025); 1,200 branches (2024) drive ~35% new accounts; institutional desks (Shanghai\/HK) execute \u0026gt;70% institutional flow; website: 1.2M pageviews, 4,300 reports (2024); portal handles 95% institutional functions, ¥18B daily settlements; third‑party channels 22% mutual fund sales (2024), acquisition cost -18%.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003cth\u003eYear\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eMobile app\u003c\/td\u003e\n\u003ctd\u003e62% trades; 1.4M MAU\u003c\/td\u003e\n\u003ctd\u003e2025\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBranches\u003c\/td\u003e\n\u003ctd\u003e1,200; 35% new accounts\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstitutional desks\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;70% flow\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWebsite\/portal\u003c\/td\u003e\n\u003ctd\u003e1.2M pv; 4,300 reports; ¥18B\/day\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eThird‑party\u003c\/td\u003e\n\u003ctd\u003e22% fund sales; -18% cost\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRetail Investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThis segment covers individual traders using Haitong Securities' platforms for stocks, bonds, and funds; they demand simple UX, low fees, and reliable mobile market data. In 2025 retail accounts rose ~12% year-on-year to about 2.1 million in Mainland China, with digital-first investors aged 18-35 making up roughly 45% of new accounts.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh-Net-Worth Individuals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eHigh-net-worth individuals (HNWI) need tailored wealth-preservation and growth plans, often with cross-border assets and private equity; they demand concierge service, exclusive deal access, and full estate planning. As of 2024 Haitong Securities reported AUM of ~RMB 1.2 trillion in wealth management and HNWI clients accounted for ~45% of fee income, making them a primary revenue driver.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional Investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eInstitutional investors-pension funds, insurance firms, and asset managers-seek high-volume execution, deep market research, liquidity, specialized trading algorithms, and access to primary offerings; Haitong Securities handled HKD 1.2 trillion in client trades in 2024 and offers algo strategies and IPO allocations supporting large capital deployments, enabling clients to execute blocks with minimal market impact and access 2024's APAC IPO pipeline.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCorporate Clients and Issuers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eCorporate issuers-from VC-backed tech firms to large state-owned enterprises-drive Haitong Securities' investment banking: in 2024 Haitong advised on over CNY 120 billion of equity and bond issuance, focusing on capital raises and complex restructurings.\u003c\/p\u003e\n\u003cp\u003eThese clients seek proven deal execution, regulatory navigation, and distribution reach across A-share, H-share, and international debt markets.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eCore: equity and debt issuers\u003c\/li\u003e\n\u003cli\u003eRange: startups to SOEs\u003c\/li\u003e\n\u003cli\u003e2024 deals: \u0026gt;CNY 120bn advised\u003c\/li\u003e\n\u003cli\u003eNeeds: execution, regulation, distribution\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSmall and Medium Enterprises\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eSMEs use Haitong Securities for tailored financing, growth-advisory, and IPO preparation; by 2024 Haitong handled over CNY 60bn in SME-focused issuance and advisory, aligning with Beijing's push for specialized, innovative firms.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eBridges private-public funding gaps\u003c\/li\u003e\n\u003cli\u003eProvides CNY 60bn+ SMEs deals (2024)\u003c\/li\u003e\n\u003cli\u003eSupports IPO readiness and growth strategy\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDiverse client growth: 2.1M retail, RMB1.2T HNWI, HKD1.2T institutional, CNY180B+ deals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eRetail traders (2.1M accounts, +12% YoY 2025; 45% new accounts age 18-35), HNWI (RMB 1.2T AUM wealth mgmt; 45% fee income, 2024), Institutional (HKD 1.2T trades, 2024), Corporate issuers (\u0026gt;CNY 120B advised, 2024), SMEs (\u0026gt;CNY 60B SME deals, 2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003cth\u003eYear\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRetail\u003c\/td\u003e\n\u003ctd\u003e2.1M accounts, +12% YoY\u003c\/td\u003e\n\u003ctd\u003e2025\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eHNWI\u003c\/td\u003e\n\u003ctd\u003eRMB 1.2T AUM; 45% fees\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstitutional\u003c\/td\u003e\n\u003ctd\u003eHKD 1.2T trades\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCorporate issuers\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;CNY 120B advised\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSMEs\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;CNY 60B deals\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePersonnel and Compensation Expenses\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe largest cost item is salaries, bonuses, and benefits for Haitong Securities' professionals, accounting for roughly 42% of operating costs in FY2025, with total staff compensation near RMB 9.8 billion in 2025. Competitive pay is crucial to retain investment-banking and research talent, and variable compensation-about 55% of bonus pool-remains tied to firm performance and deal flow.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInformation Technology and Cybersecurity\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cphaitong securities allocates significant capital to digital infrastructure and trading platforms with it cybersecurity spending estimated at of operating costs in rmb million annually for servers software licenses platform upkeep. as transformation accelerates ai data analytics now consume about the budget rising from funding model training lakes advanced threat detection.\u003e\n\u003c\/phaitong\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory Compliance and Legal Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOperating across China, Hong Kong, and Europe forces Haitong Securities to spend heavily on compliance and legal counsel-estimated at 120-160 million USD annually by late 2025-to meet AML rules, Basel III\/IV capital standards, and disclosure regimes.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMarketing and Business Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eMarketing and business development expenses include brand advertising, client acquisition campaigns, and investor conferences; Haitong Securities spent an estimated RMB 420m on distribution and marketing in 2024, shifting 60%+ of 2025 budgets to digital and targeted content to defend market share in brokerage and wealth management.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eRMB 420m estimated 2024 marketing spend\u003c\/li\u003e\n\u003cli\u003e60%+ 2025 shift to digital channels\u003c\/li\u003e\n\u003cli\u003eFocus: targeted content for wealthy, mass-affluent segments\u003c\/li\u003e\n\u003cli\u003eInvestor conferences: 10-15 annual events\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInterest and Financing Costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eHaitong Securities pays interest on corporate debt and on funds used for client margin loans; in 2024 interest expense was about RMB 3.4 billion, and margin lending balances reached RMB 320 billion, making carry costs a material drag on ROE.\u003c\/p\u003e\n\u003cp\u003eThese costs rise when the PBOC tightens rates or liquidity tightens-each 25 bps hike raises annual interest expense on margin funding by roughly RMB 80 million here.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 interest expense ~ RMB 3.4 billion\u003c\/li\u003e\n\u003cli\u003eMargin loan balance ~ RMB 320 billion (2024)\u003c\/li\u003e\n\u003cli\u003e25 bps rate rise ≈ RMB 80 million\/year extra cost\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStaff pay dominates costs (RMB9.8bn) as interest, IT\/AI, compliance and marketing bite\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eLargest costs: staff comp ~RMB 9.8bn (42% op costs, FY2025), interest expense ~RMB 3.4bn (2024) on margin loans RMB 320bn; IT\/cyber ~RMB 300-500m (4-6% op costs, 2024) with AI taking 25% of IT spend; compliance\/legal ~USD 120-160m (2025); marketing RMB 420m (2024, 60%+ shift to digital in 2025).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003eAmount\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eStaff comp (2025)\u003c\/td\u003e\n\u003ctd\u003eRMB 9.8bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInterest expense (2024)\u003c\/td\u003e\n\u003ctd\u003eRMB 3.4bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMargin loans (2024)\u003c\/td\u003e\n\u003ctd\u003eRMB 320bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIT spend (2024)\u003c\/td\u003e\n\u003ctd\u003eRMB 300-500m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMarketing (2024)\u003c\/td\u003e\n\u003ctd\u003eRMB 420m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCompliance (2025)\u003c\/td\u003e\n\u003ctd\u003eUSD 120-160m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBrokerage Commissions and Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eRevenue from executing equities, bond and derivatives trades for retail and institutional clients remains core-commission income rose to CNY 4.2bn in 2025 H1 despite margin pressure, driven by a 14% YoY rise in trading volumes on mainland exchanges. Haitong also collected CNY 0.6bn in fees from premium research and advanced trading tools in 2025 H1, diversifying fee mix.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInvestment Banking Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eInvestment banking fees come from underwriting IPOs and bond deals and advisory fees for M\u0026amp;A, typically performance-based and tied to deal completion; Haitong booked RMB 4.2 billion in IB fees in 2025 H1, up 28% YoY driven by tech-sector listings. The rebound in technology IPOs-over 60 new mainland and Hong Kong listings in 2025 Q1-H1-lifted deal volumes and success fees, concentrating revenue on large-cap transactions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAsset Management Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eHaitong Securities earns asset management fees as a percentage of assets under management (AUM); at end-2024 Haitong Asset Management AUM stood at RMB 620 billion, generating recurring management fees typically 0.3-1.2% annually. \u003c\/p\u003e\n\u003cp\u003eIt also charges performance fees when funds beat benchmarks-these added RMB 210 million in 2024-giving steadier income versus trading revenue swings. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInterest Income from Margin Financing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eHaitong Securities earns substantial interest income by lending capital for margin trades and securities-backed loans, with demand from retail and institutional clients driving volumes; in 2025 margin loan balances were about RMB 120 billion, generating net interest margins near 2.1 percentage points over funding costs.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eRMB 120bn estimated margin loan balance (2025)\u003c\/li\u003e\n\u003cli\u003e~2.1% net interest spread over borrowing costs\u003c\/li\u003e\n\u003cli\u003eRetail and institutional leverage main demand drivers\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInvestment Gains and Trading Profits\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cprevenue is generated through haitong securities proprietary trading using the firm own capital producing direct market gains and capturing bid-ask spreads from market-making in principal investments contributed roughly cny billion to operating income up year-over-year during stronger liquidity.\u003e\n\u003cp class=\"lst_crct\"\u003e\n\u003c\/p\u003e\u003cli\u003eProprietary trading: direct capital gains\u003c\/li\u003e\n\u003cli\u003eMarket-making: bid-ask spread revenue\u003c\/li\u003e\n\u003cli\u003e2024 trading income ≈ CNY 6.3 billion (+18% YoY)\u003c\/li\u003e\n\u003cli\u003eHigh upside in bullish markets; volatile downside risk\u003c\/li\u003e\n\n\u003c\/prevenue\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrong fee growth: CNY 8.4bn trading+IB fees, CNY 620bn AUM and CNY 120bn margin loans\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eCore revenues: trading commissions CNY 4.2bn (2025 H1) on +14% YoY volumes; IB fees CNY 4.2bn (2025 H1) up 28% YoY; asset management AUM CNY 620bn (end‑2024) mgmt fees 0.3-1.2% and performance fees CNY 210m (2024); margin loans CNY 120bn (2025) at ~2.1% spread; trading\/principal income CNY 6.3bn (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eTrading commissions\u003c\/td\u003e\n\u003ctd\u003eCNY 4.2bn (2025 H1)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIB fees\u003c\/td\u003e\n\u003ctd\u003eCNY 4.2bn (2025 H1)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAsset management AUM\u003c\/td\u003e\n\u003ctd\u003eCNY 620bn (end‑2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePerformance fees\u003c\/td\u003e\n\u003ctd\u003eCNY 210m (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMargin loans\u003c\/td\u003e\n\u003ctd\u003eCNY 120bn (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet interest spread\u003c\/td\u003e\n\u003ctd\u003e~2.1%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTrading\/principal income\u003c\/td\u003e\n\u003ctd\u003eCNY 6.3bn (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"Value Chain Analysis","offers":[{"title":"Default Title","offer_id":57357693321547,"sku":"htsec-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1049\/6776\/6347\/files\/htsec-canvas-business-model.webp?v=1779142868","url":"https:\/\/valuechainanalysis.com\/products\/htsec-business-model-canvas","provider":"Value Chain Analysis","version":"1.0","type":"link"}