Credit Suisse Securities has been renamed Beijing Securities.
Brokerage renamed again. On July 23, Fangzheng Securities disclosed an announcement that Ruixing Securities completed the industrial and commercial change registration for equity changes and no longer holds equity in Ruixing Securities. The announcement shows that Ruixing Securities has been renamed Beijing Securities Limited Liability Company. In March of this year, with regulatory approval, Beijing State-owned Assets Company became the major shareholder and actual controller of Ruixing Securities, taking over 85.01% of Ruixing Securities' equity. Ruixing Securities has transformed from a foreign-funded joint venture brokerage to a state-owned holding brokerage. In recent years, there have been 10 brokerages such as Financial Street Securities, Meigao Securities, Goldman Sachs Securities, Guoxin Securities, Chengtong Securities, Guotou Securities, Huayuan Securities, Tianfu Securities, Guotai Haitong Securities, Guolian Minsheng Securities, and other brokerages that have been renamed.
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