Shenyin & Wanguo (HK) Holdings Ltd based in Hong Kong and International Business Division located in Shanghai are the two arms of the company which operate international business. S&W is the only domestic securities company in China which holds a listed company at the overseas stock market. Our Hong Kong business office is licensed to do varied business including brokerage, IPO and asset management, etc.

International Business Division is engaged in the business like acting brokers for foreign institutional investors in B-share market, brokers for QFII clients, approved inter-bank lending and borrowing business, foreign market research, etc. Furthermore, IBD will also coordinate with Investment Banking Division and Merge & Acquisition Division to develop the services for foreign investors aiming to acquire listed companies or non-listed companies in China, and direct investment in China.

S&W has underwritten 38 B-shares as a lead underwriter, which accounts for 33% of the total B-share companies in China. It always plays as a leader in the B-share market brokerage business and ranked NO.1 for many years. The company has developed a large number of foreign brokers which trade B-shares in China, and most of them are well-known international financial institutions, include UBS, Deutsche Bank, SG, Merrill Lynch, BNP Paribus, Goldman Sachs, Morgan Stanley, HSBC and Nomura Securities Company. In addition, the company has also participated in many deals of H-share IPO as local financial advisor and lead underwriter.

In terms of QFII business, with integrated resources and strength, the company succeeded in joining the first trade of QFII¡ªUBS Ltd as a local broker, and also achieved a leading position in the market share of QFII investment quota and trading volume.