What's the difference between a securities finance company and a securities company?

Different roles, different responsibilities.

The role of securities finance companies is to finance securities companies, and the role of securities companies is to underwrite the issuance, buy and sell securities or issue them as agents. The duty of a securities finance company is to provide financial services for the securities company's margin financing and securities lending business. The responsibility of securities companies is to design and plan the ancient tea and listing of restructured enterprises, and provide corresponding intermediary services.

In addition, bond finance companies and bond companies are different in nature. Securities Finance Company is a joint-stock company established by the China Securities Regulatory Commission. A securities company can be a limited liability company or a joint-stock company.