Is the business department of CITIC Beijing Hujialou State-run?

Yes According to official website's national enterprise credit information publicity system, CITIC Beijing Hujialou Business Department is a state-owned enterprise, and CITIC Securities Co., Ltd. Beijing Hujialou Securities Business Department was established on March 13, 2000, with Yan Li as the head, and its business scope includes securities brokerage (the business area is consistent with the securities business license of CITIC Securities Co., Ltd.); Securities investment consulting (only securities investment consulting business, the business area is the same as CITIC Securities Co., Ltd.).