The earliest brokerage company with a Hong Kong subsidiary.

Guotai junan. According to the First Financial Report, the earliest brokers with subsidiaries in China Mainland and Hongkong were Shen Yin Wanguo and Guotai Junan. Brokerage is an agent of a securities company, which refers to a limited liability company or a joint stock limited company engaged in securities business with the approval of the securities regulatory agency in accordance with the provisions of the Company Law.