Shoukang Securities Secures Regulatory Approval for Hong Kong IPO, Becoming 14th A+H-Listed Brokerage

Gate News message, April 18 — Shoukang Securities received regulatory approval from China's Securities and Futures Commission (CSRC) on April 17 to proceed with its Hong Kong IPO, marking a major milestone in its dual-listing strategy. The company plans to issue no more than 1.048 billion H shares and list on the Hong Kong Stock Exchange's main board.

Shoukang Securities, founded in 2000 with registered capital of 27.3 billion yuan, completed its A-share listing on the Shanghai Stock Exchange in December 2022. The approval makes it the 14th A+H-listed brokerage, joining peers including Huatai Securities, China Galaxy, Shenwan Hongyuan, Everbright Securities, and China International Capital Corporation. The company is controlled by Beijing State-owned Assets Supervision and Administration Commission (SASAC).

The company plans to allocate IPO proceeds across six areas: asset management business expansion (including establishing asset management subsidiaries and expanding product strategies), investment business enhancement (including global asset allocation and alternative investments), investment banking diversification (including asset securitization and cross-border financing), wealth management service expansion, IT and technology investments (including digital transformation and system upgrades), and general working capital. In 2025, Shoukang Securities reported operating revenue of 25.28 billion yuan, up 4.58% year-over-year, with net profit of 10.56 billion yuan, up 7.26%.

The company previously faced regulatory scrutiny: in 2022, it was ordered to rectify issues related to trading system downtime and data deletion; in 2023, it received two warning letters from Beijing regulators regarding private asset management practices, research report management, and debt underwriting oversight.