BNP Paribas wins Huatai mandate
October 15, 2019

BNP Paribas Securities Services today announced that it has been selected to provide clearing, settlement and custody services to Huatai Financial Holdings (Hong Kong) Limited.

As part of this mandate, BNP Paribas Securities Services supports Huatai Financial's activity as a direct London Stock Exchange (LSE) member.

Huatai Financials' ultimate parent, Huatai Securities Co, was the first issuer to use the Shanghai-London Stock Connect. In June, Huatai Securities raised US$1.69 billion through the sale of global depository receipts (GDRs) in London on the Shanghai segment of the London Stock Exchange.

Said Huatai Financial Holdings (Hong Kong): "We selected BNP Paribas for its understanding and capability to support our international growth strategy. BNP Paribas' expertise in both Shanghai and London, its relationships with the respective exchanges and understanding of the cross-border connect scheme, played a major part in our decision to partner with it. We are pleased to partner with one of the leading global custodians to support our international growth strategy."





This site, like many others, uses small files called cookies to customize your experience. Cookies appear to be blocked on this browser. Please consider allowing cookies so that you can enjoy more content across fundservices.net.

How do I enable cookies in my browser?

Internet Explorer
1. Click the Tools button (or press ALT and T on the keyboard), and then click Internet Options.
2. Click the Privacy tab
3. Move the slider away from 'Block all cookies' to a setting you're comfortable with.

Firefox
1. At the top of the Firefox window, click on the Tools menu and select Options...
2. Select the Privacy panel.
3. Set Firefox will: to Use custom settings for history.
4. Make sure Accept cookies from sites is selected.

Safari Browser
1. Click Safari icon in Menu Bar
2. Click Preferences (gear icon)
3. Click Security icon
4. Accept cookies: select Radio button "only from sites I visit"

Chrome
1. Click the menu icon to the right of the address bar (looks like 3 lines)
2. Click Settings
3. Click the "Show advanced settings" tab at the bottom
4. Click the "Content settings..." button in the Privacy section
5. At the top under Cookies make sure it is set to "Allow local data to be set (recommended)"

Opera
1. Click the red O button in the upper left hand corner
2. Select Settings -> Preferences
3. Select the Advanced Tab
4. Select Cookies in the list on the left side
5. Set it to "Accept cookies" or "Accept cookies only from the sites I visit"
6. Click OK

BNP Paribas Securities Services today announced that it has been selected to provide clearing, settlement and custody services to Huatai Financial Holdings (Hong Kong) Limited.

As part of this mandate, BNP Paribas Securities Services supports Huatai Financial's activity as a direct London Stock Exchange (LSE) member.

Huatai Financials' ultimate parent, Huatai Securities Co, was the first issuer to use the Shanghai-London Stock Connect. In June, Huatai Securities raised US$1.69 billion through the sale of global depository receipts (GDRs) in London on the Shanghai segment of the London Stock Exchange.

Said Huatai Financial Holdings (Hong Kong): "We selected BNP Paribas for its understanding and capability to support our international growth strategy. BNP Paribas' expertise in both Shanghai and London, its relationships with the respective exchanges and understanding of the cross-border connect scheme, played a major part in our decision to partner with it. We are pleased to partner with one of the leading global custodians to support our international growth strategy."



Free subscription - selected news and optional newsletter
Premium subscription
  • All latest news
  • Latest special reports
  • Your choice of newsletter timing and topics
Full-access magazine subscription
  • 7-year archive of news
  • All past special reports
  • Newsletter with your choice of timing and topics
  • Access to more content across the site