RMB 140 million! Shenzhen Branch harvested its single largest shareholding pledged repo financing business

CMS (2013-11-27 14:01) [Full Text]

 

On October 28, the financing amount of RMB 140 million in the customer account officially became available for withdrawal and use, marking the perfect ending of the shareholding pledged repo business which is of most importance this year and also the single largest in Shenzhen so far. From determining the client's intention of financing to final full funding, it takes only 40 days. Shenzhen Branch and relevant personnel have made great efforts, and CMS Retail Brokerage Department, Securities Margin Trading Department and Risk Management Department and other departments of the Headquarters also have given strong support and cooperation.

The completion of this single largest shareholding pledged repo business by Shenzhen Branch accumulates experience for expanding similar businesses in the future. Based on the company's management strategy and business planning, CMS Shenzhen Branch will always, under the premise of ensuring steady and rising traditional businesses, base itself on multi-channel business cooperation in the region, strengthen the comprehensive business foundation, and strive to achieve greater breakthroughs and development in OTC market, stock pledged repo businesses as well as other capital intermediary businesses.

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