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Analysis Of The Impact On The Absorption Of The Core Competitiveness Of Shenwan Hongyuan Group Co.,Ltd

Posted on:2017-07-22Degree:MasterType:Thesis
Country:ChinaCandidate:D ZouFull Text:PDF
GTID:2359330515478654Subject:Accounting
Abstract/Summary:PDF Full Text Request
In recent years,along with the steady growth of China's economy and the capital market began to gradually opening up,the securities industry playes an increasingly important role in the capital market.At present,the domestic fierce competition in the industry is no longer the only Chinese securities companies need to face,international capital which enters in brings pressure to the industry can't be ignored.However,under the current circumstances,China's securities companies are still focused on the growth of the quantity,but be not able to compete with large international investment bank business.Today,with the financial innovation to be promoted,the development of securities margin trading,the rate fluctuations and the liberalization of interest rates and other market factors,the securities company's must face with the more complex environment,development opportunities different from the past,the development of more diverse channels,They must highlight their core competitiveness in order to maintain healthy and stable development.Be faced with the challenges and opportunities,build the own core competencies is very important to securities companies.Currently,the researches of the core competitiveness of enterprises already have a lot of examples,but based on the example of the financial statements of a single securities firm multi-angle analysis is rare.We need to analysis the core competencies of Shenwan Hongyuan Group Co.,Ltd between the before and the after of the merger in assess changes,particularly through the company's balance sheet's,income statement's analysis,and to select specific financial indicators and innovation indicators of the company's distribution of income,profitability,the ability of risk controlled and so on to analysis and evaluation its core competitiveness.While the industry several well-known large brokerage firms do horizontal comparison,such as CITIC Securities,Guotai Junan Securities and China Merchants.Article Selects Shenwan Hongyuan Group Co.,Ltd as the example,mainly on account of their case iconic role.In the securities industry challenges and opportunities of the state,whether backdoor listing or asset acquisitions,they are the same to seeking development channels.China's securities industry is still lack of large international investment bank to compete brokerage,so in the future,the development must be accompanied by the integration of assets and mergers and acquisitions.This article provides as much changes before and after the adoption of the combined company's core competitiveness to the industry for the future possible acquisitions.
Keywords/Search Tags:core-competitiveness, Stock-for-stock Merger, Shenwan Hongyuan Group Co.Ltd, Financial Perspective
PDF Full Text Request
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