Huatai Securities Co., Ltd. - Global Depositary Receipt

Huatai Securities Co., Ltd. – Global Depositary Receipt is a financial instrument representing ownership in Huatai Securities, a leading Chinese securities firm. The Global Depositary Receipt (GDR) enables international investors to gain exposure to Huatai Securities’ A-shares, which are primarily traded on Chinese exchanges, by providing access through global markets. Issued in June 2019, it marked the first listing under the Shanghai-London Stock Connect program, which facilitates cross-border investment between China and international markets. Huatai Securities is a major player in China’s financial services sector, offering a comprehensive suite of services including securities brokerage, investment banking, and asset management. The GDRs are structured to mirror the economic interests of underlying ordinary shares, allowing investors outside Greater China to participate in one of the country’s prominent financial institutions while using international trading and settlement practices. The listing of these GDRs supports Huatai’s strategy to expand its international presence and diversify its shareholder base, while also highlighting the growing interconnectedness of global and Chinese capital markets.