Platformization Brings Efficiency as Number of New Clients Hits 1.83 Million
With the next wave of digital disruption and a new generation of investors at play, the Company implemented a linear organizational structure in tandem with its integrated platformization, to improve client services and asset allocation efficiency. As of
Focused on clients' needs and empowering investment advisors, the integration of ZhangLe Wealth, HTSC's flagship wealth management App, and the Company's cloud platform for investment advisory service, has been fruitful. The product-orientated and intelligent operations of the Company's wealth management have been widely recognized, with over 1.83 million new users registering on ZhangLe Wealth in the first half of 2021. HTSC's cloud platform for investment advisory service continues to empower investment advisors in their decision making, work efficiency, and client servicing capabilities.
According to data released by the
Growth of funds advisory business accelerated the adoption of the new wealth management business model and by leveraging the digital and integrated platform, the synergy between the Company's headquarters, the front, middle and back offices have been fully realized. This integrated model has improved the Company's buy-side investment research and provided differentiated portfolio strategies and solutions for clients and investment advisors. In the first half of this year, the fund advisory business exhibited steady growth and remains an industry frontrunner.
HTSC's US subsidiary AssetMark - a leading US turnkey asset management platform (TAMP) - also grew steadily, with total assets under management reaching
Bond Business Breakthrough and Institutional Business Revenue Surges 40%
Buoyed by the robust performance of trading and investment banking services, coupled with more than a 20% increase in institutional clients and 42% increase in overseas institutional clients in the first half of the year, HTSC's institutional business revenue grew 43.95% to
In the first half of the year, the Company's principal underwriting for equities was
HTSC retained a top spot in the STAR market, sponsoring 55 STAR Market listings and completing 27 listings in the first half of the year, ranking second in the industry . The Company also rekindled its connection with
The Company's investment trading business continued to optimize its asset pricing ability, production innovation and risk hedging capabilities, accelerating the adoption of a customer product, and risk management system used by domestic and international clients alike. The investment trading business saw overall improvements in profits, as evidenced by the industry-leading OTC derivatives and OTC options trading volume in the first half of 2021.
The HTSC Connect App, developed for institutional clients and services, continues to innovate the user experience and galvanize the Company's competitive advantages in securities lending. As of the end of June, the balance of securities lending business was
HTSC has also strategically invested and entered into tactical commercial partnerships with various cutting-edge and highly promising cloud computing and AI companies, to perpetuate and further strengthen the Company's digital transformation and platformization. At present, the Company has strategically invested in 10 fintech companies, establishing a solid foundation for innovation, creation and further digital breakthroughs.
Green Bond Leadership Testament to Global ESG Esteem
HTSC's commitment to environment, social and governance (ESG) at an operational and business level are hallmarks of the Company and evidenced by the upgraded ESG rating of "A" from MSCI, ranking the top among its peer group. The Company's wholly-owned subsidiary,
HTSC has made a great contribution in supporting
The Company's corporate philanthropic initiative "Yixin Huatai" deepened its work in protecting the
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Email: HTSC@citigatedewerogerson.com
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