J.P. Morgan Securities (China) Company Limited Opens for Business
Shanghai, March 20, 2020 – J.P. Morgan today announced that J.P. Morgan Securities (China) Company Limited, its majority-owned securities company in China, has commenced business providing domestic and international clients with a comprehensive set of financial products and services, including securities brokerage, securities investment advisory, and securities underwriting and sponsorship.
As a global investment bank with an existing leadership position in China A-share coverage, this development paves the way for J.P. Morgan to expand its onshore research footprint and insights into the world’s second largest economy. In addition, the firm will continue to invest in its equity business, enhancing systems and platforms to provide critical access and liquidity to China’s maturing capital market. J.P. Morgan has remained the world’s top investment bank for the 11th consecutive year, a top underwriter of both debt and equity as well as a leader in cross-border M&A, global markets research, analytics and trade execution, serving governments, the world’s largest companies and institutional investors.
Filippo Gori, CEO for J.P. Morgan, Asia Pacific, said: “China represents one of the largest opportunities for many of our clients and is a critical component of J.P. Morgan’s growth plans in Asia Pacific, and globally. J.P. Morgan has a long history in China – fast approaching 100 years – and we are very focused on making sure we are well positioned for many more successful decades to come. We continue to invest across the full spectrum of our business areas to ensure that we consistently deliver for our clients in China and across the region, leveraging our global network to connect more global investors to the country.”
Mark Leung, CEO of J.P. Morgan China said: “This is a major milestone and we are looking forward to entering our next exciting phase of growth with greater capabilities. J.P. Morgan is deeply encouraged by the tremendous progress made by the Chinese government. We are fully committed to investing our global resources and expertise to serve our clients and support the financial market development in China; as well as to advance China’s national priorities for poverty alleviation, risk mitigation, and the environment.”
The official website of J.P. Morgan Securities (China) Company Limited has also been launched recently. More information about the firm is available at www.jpmorganchina.com.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
J.P. Morgan Securities (China) Company Limited
Headquartered in Shanghai, J.P. Morgan Securities (China) Company Limited was founded in 2019 and is a majority-owned company of J.P. Morgan. The firm provides a comprehensive set of financial products and services in China for its Chinese and international clients including securities brokerage, securities investment advisory, and securities underwriting and sponsorship.