Shanghai, China
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more



This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.










China CSC Financial General Manager Li Geping Resigns after Reports of Investigation from China Securities Regulatory Commission, Brokerage Firm China Securities Found Guilty of IPO Fraud in 2022

2nd June 2023 | Hong Kong

China CSC Financial (investment bank & brokerage) general manager Li Geping has resigned after reports of investigation from China Securities Regulatory Commission (CSRC), with the brokerage firm China Securities having found guilty of IPO fraud in 2022 (Amethystum Storage Technology presented false financial data during IPO, and post-IPO).  China Securities will be delisted from Star Market (Shanghai Stock Exchange) at the end of June 2023.  See below announcement by CSC Financial Co., Ltd, which is listed on Hong Kong Exchange with a market capitalization of $8 billion (1/6/23).  CSC Financial Co. is founded in 2005, and has 5 key subsidiaries China Securities Futures, China Securities Capital, China Securities International, China Securities Fund, and China Securities Investment.

“ China CSC Financial General Manager Li Geping Resigns after Reports of Investigation from China Securities Regulatory Commission, Brokerage Firm China Securities Found Guilty of IPO Fraud in 2022 “

 



- Article continues below -



Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)


The 2024 Investment Day
6th March Hong Kong | 13th March Singapore

Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Taking place on 6th March 2024 in Hong Kong, 13th March 2024 in Singapore.
Visit | Register here


The 2024 Family Office Summit
10th April Hong Kong | 24th April Singapore

Join 100+ single family offices & family office professionals in Hong Kong & Singapore
Links: 2024 Family Office Summit | Register here





 

Founded on November 2, 2005, CSC Financial Co., Ltd. (CSC) is a nationwide comprehensive securities company approved by the China Securities Regulatory Commission (CSRC). The Company had a registered capital of RMB7.65 billion as of the end of 2020. Registered in Beijing, the Company has 292 business outlets nationwide in about 30 provinces, municipalities, and autonomous regions and five first-tier subsidiaries, namely China Securities Futures, China Securities Capital, China Securities International, China Securities Fund, and China Securities Investment. The Company has built a strong reputation for providing quality and professional financial services for governments, corporations, and institutional and retail investors. Since 2010, the Company has been rated AA in the A category by the China Securities Regulatory Commission (CSRC) for 11 consecutive years, the highest rating given to securities companies to date. The Company was listed and traded on the Stock Exchange of Hong Kong (stock code: 6066.HK) and Shanghai Stock Exchange (stock code: 601066.SH) in 2016 and 2018 respectively.

 

 

China CSC Financial General Manager Li Geping Resigns after Reports of Investigation from China Securities Regulatory Commission

Shanghai, China

1st June 2023 – The Board of Directors (the “Board”) of CSC Financial Co., Ltd. (the “Company”) hereby announces that executive director Mr. LI Geping (“Mr. LI”) has tendered to the Board his resignation as an executive director of the Company, a member of the Development Strategy Committee of the Board, a member of the Risk Management Committee of the Board, the General Manager, a member of the Executive Committee and the Chief Financial Officer of the Company due to person reasons.

In accordance with laws and regulations including the Company Law of the People’s Republic of China, the Code of Corporate Governance for Listed Companies, the Rules for Governance of Securities Companies, and relevant requirements under the Articles of Association of CSC Financial Co., Ltd., the resignation of Mr. LI will not result in the number of members of the Board falling below the statutory minimum number. Mr. LI’s resignation as an executive director of the Company and a member of special committees of the Board will take effect from June 1, 2023; his resignation as senior management including the General Manager, a member of the Executive Committee and the Chief Financial Officer of the Company will be carried out as soon as possible in accordance with the relevant laws and regulations and the Articles of Association of CSC Financial Co., Ltd. The Company is operating normally and the resignation of Mr. LI will not affect the normal operation of the Board and the Company.

Mr. LI has confirmed that he has no disagreement with the Board of the Company, and there are no other matters in relation to his resignation that need to be brought to the attention of the shareholders and creditors of the Company.

By order of the Board
CSC Financial Co., Ltd. Wang Changqing Chairman
Beijing, the PRC June 1, 2023

As at the date of this announcement, the executive Director of the Company are Mr. WANG Changqing; the non-executive Directors of the Company are Mr. WU Ruilin, Mr. LI Min, Mr. YAN Xiaolei, Ms. ZHU Jia, Mr. YANG Dong and Ms. WANG Hua; and the independent non-executive Directors of the Company are Mr. PO Wai Kwong, Mr. LAI Guanrong, Mr. ZHOU Chengyue, Mr. ZHANG Zheng and Mr. WU Xi.




Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?



Quick Links


2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register


    InvestorProfessionalFamily OfficeExecutive


    SubscriptionMembershipEvents


    Professional InvestorPrivate WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights










    Web links may be disabled on mobile for security.
    Please click on desktop.










    Caproasia Users

    • Manage $20 million to $3 billion of assets
    • Invest $3 million to $300 million
    • Advise institutions, billionaires, UHNWs & HNWs

    Caproasia Platforms | 11,000 Investors & Advisors

    Monthly Roundtable & Networking

    Family Office Programs

    The 2024 Investment Day

    • March 2024 - Hong Kong
    • March 2024 - Singapore
    • June 2024 - Hong Kong
    • June 2024 - Singapore
    • Sept 2024 - Hong Kong
    • Sept 2024 - Singapore
    • Visit: The Investment Day | Register: Click here

    Caproasia Summits

    Contact Us

    For Enquiries, Membership
    [email protected], [email protected]

    For Listing, Subscription
    [email protected], [email protected]

    For Press Release, send to:
    [email protected]

    For Events & Webinars
    [email protected]

    For Media Kit, Advertising, Sponsorships, Partnerships
    [email protected]

    For Research, Data, Surveys, Reports
    [email protected]

    For General Enquiries
    [email protected]





    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014




    Previous articleSingapore Appoints 7 Funds under Global Investor Programme with Minimum Criteria of S$1 Billion AUM, Singapore Permanent Residency Applicants to Invest S$25 Million into the Funds
    Next articleSweden $127 Billion Private Equity EQT & Abu Dhabi $100 Billion ADIA Buys UK Pet Health Specialist Dechra Pharmaceuticals for $5.55 Billion via Newly Formed Company Freya Bidco
    Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia