广发证券股份有限公司

What 广发证券股份有限公司 does

广发证券股份有限公司 (Guangfa Securities Co., Ltd.) is a comprehensively licensed Chinese securities firm headquartered in Guangzhou, Guangdong, founded in 1991 and dual-listed on the Shenzhen Stock Exchange (000776.SZ, 2010) and the Hong Kong Stock Exchange (1776.HK, 2015). The firm operates across four core business lines — wealth management, trading and institutional services, investment banking, and investment management — supported by seven wholly-owned subsidiaries covering futures (GF Futures), public funds (GF Funds), private equity (GF Investment), asset management (GF Asset Management), proprietary investment (GF Qianhe), Hong Kong operations (GF Holdings Hong Kong), and financial leasing (GF Leasing). Its core technology stack includes a stable counter/trading system, a research platform, and digital trading terminals, with a 5-consecutive-year ISAE3402 international assurance certification for asset custody.

The company serves four distinct customer segments: retail investors (online self-service account opening and brokerage), high-net-worth clients and entrepreneurs (via the Zhihui Entrepreneur Office platform), institutional investors (research, custody, OTC derivatives), and corporate clients (equity financing, bond underwriting, M&A advisory, and financial advisory). Revenue is generated through transaction-based fees (brokerage commissions, investment banking underwriting fees, OTC derivatives), interest income (securities financing), and recurring asset-based fees (wealth management, public and private fund management, custody).

In 2025-2026, Guangfa Securities has publicly repositioned around an 'AI+Finance' (AI+金融) strategy, launching dedicated intelligent-finance tools ('Guangfa Securities Skill' and 'Guangfa Zhihui') and hosting flagship client events such as the 2nd-anniversary Zhihui Entrepreneur Office summit in July 2026 and a collaborative support role at the 15th China (Guangzhou) International Finance Expo. Distribution is omnichannel: 7x24 online account opening, national branch network, subsidiary channels, and offshore reach via GF Holdings (Hong Kong). The firm is regulated by the China Securities Regulatory Commission (CSRC) and markets itself primarily through its official website, investor-relations site, WeChat ecosystem, industry forums, and ESG/CSR initiatives.

Name

广发证券股份有限公司

Legal name

广发证券股份有限公司

Website

https://gf.com.cn

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

251–500 employees

Short description

广发证券股份有限公司 is a dual-listed Chinese securities firm offering comprehensive wealth management, investment banking, asset management, and trading services to retail, high-net-worth, institutional, and corporate clients across China and Hong Kong through an integrated subsidiary ecosystem.

Ownership category

akta.pro rank

Product category

Full-Service Securities Brokerage

NAICS

Investment Banking and Securities Intermediation (523150), Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Margin Financing & Stock Loan Brokerage (FSAEACAO)

Keywords

• Securities brokerage
• Wealth management
• Investment banking
• Asset management
• Securities trading

Headquarters

HQ city

广州市, 广东省

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. 证券经纪及财富管理手续费及佣金收入: 通过证券交易佣金、财富管理产品代销手续费、投顾服务费等方式获取收入，覆盖零售及高净值客户群体。
2. 证券金融利息收入: 通过融资融券、股票质押等证券金融业务，向客户提供投融资服务并收取利息。
3. 投资银行手续费收入: 提供股权融资、债券融资及财务顾问服务，收取承销费、财务顾问费等。
4. 资产管理及基金管理费收入: 通过广发资管、广发基金等子公司管理公募基金、私募基金及各类理财产品，收取管理费及业绩提成。
5. 场外衍生品及收益凭证收入: 通过境内外联动平台提供场外期权、收益互换和收益凭证等综合金融服务，收取相关服务费及交易收益。

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

GF Securities is a full-service Chinese securities firm providing brokerage, wealth management, investment banking, and asset management services across retail, high-net-worth, institutional, and corporate clients. Its core product lines include online account opening (7x24 digital onboarding), wealth management (full-market product selection), securities financing, stock options trading, futures IB, institutional research, asset custody (ISAE3402-certified), OTC derivatives, and investment banking (equity/debt financing and M&A advisory). It also operates public funds, private equity funds, and proprietary asset management through subsidiaries GF Funds, GF Investment, and GF Asset Management.

Product overview

广发证券股份有限公司 operates as a comprehensive securities firm with a multi-segment business architecture. The company offers a unified platform of financial services spanning wealth management, trading and institutional services, investment banking, and investment management. Key products include: 财富管理 (Wealth Management) providing comprehensive asset management solutions; 投资银行 (Investment Banking) offering equity/bond financing and financial advisory; 资产管理 through its subsidiary GF Asset Management (广发资管); and 公募基金 via GF Funds (广发基金). The company has also developed AI-enabled products including 广发证券Skill and 广发智汇, positioning itself in the "AI+金融" (AI+Finance) space. Additional services include securities finance, stock options, futures IB, OTC derivatives, research services, and asset custody. The subsidiaries include GF Holdings (Hong Kong), GF Futures, GF Funds, GF Investment, GF乾和, GF Asset Management, and GF Leasing.

Differentiator

Problem solved

Functional benefit

Brands

• 广发智汇: 智能金融服务和数字化平台
• 智汇企业家办公室

Products and services

• Online Account Opening (网上开户) Online account opening service providing 7x24 hour fully digital process for new customers to open securities accounts with new user benefits.
• Wealth Management (财富管理) Comprehensive wealth management service offering product selection across the entire market, featuring the New Fortune Best Investment Advisor team and leading fintech capabilities.
• Securities Financing (证券金融) Securities financing services providing professional investment and financing solutions to meet diverse customer needs, including margin financing and securities lending.
• Stock Options (股票期权) Stock options trading service with industry-renowned professional team, convenient trading terminals, and stable counter systems.
• Futures Introducing Broker (期货IB) Futures Introducing Broker service, one of the first securities firms to obtain futures IB qualification, providing professional futures services via GF Futures.
• Research Services (研究业务) Research services for institutional investors providing investment research reports and customized research services.
• Asset Custody (资产托管) Asset custody services with stable efficient business systems, comprehensive processes, and professional team. Passed ISAE3402 international verification for 5 consecutive years.
• OTC Derivatives (场外衍生品) OTC derivatives services including OTC options, equity swaps, and yield notes through domestic and overseas linkage platforms.
• Investment Banking (投资银行) Full-service investment banking including equity financing, bond financing, and financial advisory services.
• Asset Management via GF Asset Management (广发资管) GF Asset Management (广发资管) - first securities-backed asset management company in South China providing various asset management and investment advisory services.
• Public Mutual Funds via GF Funds (广发基金) GF Funds (广发基金) - large-scale fund management company with complete product lines and diversified investment capabilities.
• Private Equity Funds via GF Investment (广发信德) GF Investment (广发信德) - leading securities-backed private equity investment fund subsidiary with excellent fund management and investment research capabilities.
• GF Securities Skill (广发证券Skill) AI Platform AI-powered securities service platform offering intelligent investment advisory and financial services.
• GF Smart Hui (广发智汇) Smart Wealth Platform Smart wealth management platform for entrepreneurs providing comprehensive financial services.
• Smart Hui Entrepreneur Office (智汇企业家办公室) Smart entrepreneur office service providing comprehensive financial solutions for high-net-worth entrepreneurs and corporate clients.

Quantifiable outcome

• 广发证券智汇企业家办公室客户高峰论坛吸引逾200位企业家、高净值客户及产业专家参与
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• China Galaxy Securities: Major Chinese securities firm with nationwide brokerage network and balanced IB / AM exposure. Directly competes with GF for retail brokerage share and institutional mandates.
• China International Capital Corporation (CICC): Leading Chinese investment bank with strong institutional and IB focus. Overlaps with GF in investment banking, asset management, and research; dual-listed in HK and Shanghai.
• Haitong Securities: One of the largest Chinese securities firms by total assets, full-service like GF, with overlapping coverage in brokerage, IB, AM, and futures. Direct competitor for HNW and institutional clients.
• Industrial Securities: Established Chinese securities firm with similar full-service offerings including wealth management, IB, and asset management through subsidiaries. Comparable scale and operating model.
• CITIC Securities: China's largest full-service securities firm, directly competing with GF across brokerage, investment banking, asset management, and research. Most comparable Chinese peer by scope and segment breadth.
• Shenwan Hongyuan Securities: Comprehensive Chinese securities firm with strong research and brokerage operations. Comparable to GF in product suite and target customer mix.
• Huatai Securities: Top-tier Chinese securities firm with parallel operations across wealth management, IB, trading, and asset management. Strong retail brokerage franchise and active fintech / AI investment, comparable to GF's strategy.
• Guotai Junan Securities: Full-service Chinese securities firm with strong research franchise and active retail/institutional business. Closely comparable to GF in product breadth and customer segmentation.
• China Merchants Securities: Mid-to-large Chinese securities firm with comparable scale across brokerage, IB, and AM. Direct competitor particularly in southern China and for institutional mandates.

Emerging players

• GF Fund Management: Public fund management subsidiary of GF Securities, included as a related entity-level peer for overlap with E Fund Management and China AMC in the public mutual fund space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/%E5%B9%BF%E5%8F%91%E8%AF%81%E5%88%B8%E8%82%A1%E4%BB%BD%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 广发证券股份有限公司