• Product & services

Product & services

Products and services of Investment Banking Department

Securities financing business

  • Restructuring tutorship
  • Lead underwriting and listing sponsorship of Initial Public Offerings (IPOs) of A-share

and B-share enterprises

  • Share placements of A-share and B-share companies
  • Additional share issues of A-share and B-share companies
  • Issuance of corporate bonds
  • Issuance of convertible bonds
  • Private financing

Financial consultation business

  • Investment and fundraising projects
  • Merger & acquisition
  • Assets reorganization

Share overhaul business

Capital securitization business

Securities business training and capital market’s information services

Products and services of Fixed Earnings Department

Business mode

  • Underwriting and distributing bonds (government bonds, corporate bonds, financial bonds, short-term financial bonds, assets securitization and convertible bonds)
  • Investment of fixed-earning securities
  • Entrusted financing of fixed-earning securities
  • Research and consultation of fixed-earning securities
  • Standing advisor and financial advisor
  • Training of professional talents

Products and services of Assets Management Department

Investable varieties in assets management business

  • Investment in the A-share market
  • Investment in the B-share market
  • Investment in the fund market
  • Investment in the convertible-bond market
  • Investment in the bond market
  • Investment in the repurchase market

Categories of financial products

  • "One-to-one" private assets management business
  • "One-to-multi" collective assets management business
  • Special financing business
  • Investment consultation services

Investment concept of Assets Management Department

  • Research discovers value
  • Concept creates wealth
  • Innovation leads the market
  • Value added serves customers

Products and services of Brokerage Department

Securities trading business on a commission basis

  • Acting as an agent in the transactions of such products as A shares, B shares, warrants, on-market open-end funds, closed-end funds, spot government bonds, government securities repurchase and corporate bonds
  • Sales services of over-the-counter open-end funds on a commission basis

Acting as an agent in the business of principal returning & interest payment and dividend distribution

  • Acting as an agent for shareholders in the business of principal returning & interest payment
  •  
  • Acting as an agent for shareholders in the business of dividend distribution

Authorized securities custodian and witness business

Acting as an agent in the business of registration and account opening

  • Acting as an agent in the opening of A/B-share shareholders’ code cards in Shenzhen and Shanghai
  • Acting as an agent in the opening of account cards of over-the-counter open-end funds

Value-added products and services

  • Safe and fast on-line quotation and transaction services
  • Mobile-phone SMS services
  • Banking account and securities account transfer services
  • Professional and all-around financial consultation services ·Securities, banking and insurance integrated financial services

Main research products of Research Department

Company research

·Fast investigation reports, investigation reports, tracking investigation reports, fast tracking investigation reports, comments (annual reports, interim reports and significant announcement comments) of listed companies and analysis reports on new share pricing etc.

Industry research

·Research reports on key industries and tracking reports on industrial status

Macro-economic research

·Analysis to domestic and oversea macro-economic data, economic development trends and macro-economic policy changes

Investment strategies

·Investment strategy reports (quarterly, interim and annual) and long-term and mid-term investment portfolio

Bond research

·Weekly comments on the bond market and analysis reports on pricing of bidding of government bonds

Fund research

·Weekly comments on funds, topic research reports on the fund market and research topics specially entrusted by key fund customers

Topic research

·Securities market policies and other various major entrusted and self-planned topic research reports

Others

·Periodicals include PASC Morning Report, PASC Warrant Morning Report, PASC Research Highlights (issued in Monday, Wednesday and Friday each week). Besides, there are various meeting briefings.

Moreover, important reports will be printed and delivered to relevant customers.

Products and services of Derivative Product Department

Primary dealer of warrants business

·Implement quotation obligations as approved by Shanghai Stock Exchange to be a primary dealer of warrants

Warrant creation business

·Share-reform warrant creation business

Covered warrant business

  • Preparations for covered warrant risk management system, warrant transaction system and warrant clearing system
  • Preparations for covered warrant market maker business
  • Strategy research on hedging of covered warrants and model setting
  • Education on investors of covered warrants

Structured product business

Investor education services

  • Services of education on investors of covered warrants
  • Services of education on investors of stock-index futures
  • Services of education on investors of structured products

Client relationship maintenance services

Other derivative product businesses