On March 6, 1998, with the approval of the China Securities Regulatory Commission, Southern Asset Management was founded as one of the first batch of regulated asset management companies in China, marking the beginning of China's "new asset era".
The company has a stable shareholding structure, with the top four shareholders: Huatai Securities Co., Ltd. (41.16%), Shenzhen Investment Holdings Co., Ltd. (27.44%), Xiamen International Trust Co., Ltd. (13.72%) and Industrial Securities Co., Ltd. (9.15%). The employee shareholding platform holds 8.53% of shares.
Southern Asset Management is headquartered in Shenzhen with branch offices in Beijing, Shanghai, Shenzhen, Nanjing, Chengdu and Hefei. It also has two subsidiaries, Southern Capital Management Co., Ltd. (Shenzhen subsidiary) and CSOP Asset Management Limited (Hong Kong subsidiary). CSOP is the first overseas branch approved for a domestic fund company.
Shenzhen
China