Huatai Securities

Huatai Securities Becomes First Securities Company in Mainland China to Achieve AA MSCI ESG Rating, Ascending to Global Leadership

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Friday, December 1, 2023

Economic development, Huatai Securities, Social justice, ESG, Privacy, Social responsibility, MSCI, The Company, AA, Welfare, Renewable energy

Owing to exemplary ESG practices, Huatai Securities' MSCI ESG rating for 2023 has been promoted from A to AA level, making it the first securities company in Mainland China to reach this rank, placing it at the forefront of global leadership.

Key Points:

Owing to exemplary ESG practices, Huatai Securities' MSCI ESG rating for 2023 has been promoted from A to AA level, making it the first securities company in Mainland China to reach this rank, placing it at the forefront of global leadership.
To date, only one securities company globally has secured an MSCI ESG AAA rating and six have achieved an AA rating, with Huatai Securities standing alone as the sole AA-rated securities company in Mainland China.
Championing the principles of environmental, social and governance (ESG), Huatai Securities gives high priority to ESG and social responsibility practices.
The MSCI ESG rating of AA recognizes the Company's robust ESG governance structure and green financial service capabilities.

AM Best Affirms Credit Ratings of Chubb Limited and Its Subsidiaries

Retrieved on:

Thursday, December 7, 2023

Concurrently AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Chubb Life Insurance New Zealand Limited (Chubb Life NZ) (New Zealand).

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Concurrently AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Chubb Life Insurance New Zealand Limited (Chubb Life NZ) (New Zealand).
Lastly, AM Best has affirmed the Long-Term ICRs of “a+” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of Chubb Limited and Chubb INA Holdings Inc.
The ratings of Chubb Bermuda also reflect the implicit support received from Chubb Limited, the ultimate parent.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Timeplus Open Sources its Powerful Streaming Analytics Engine for Developers Globally

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Thursday, September 21, 2023

Sentinel, GitHub, SQL, Huatai Securities, Internet of things, ClickHouse, OLAP, Commercial software, Hillhouse Capital Group, Organization, Supply, Sentinel Capital Partners, Fraud, SVP, Cryptocurrency, Retail, Proton, Apple

SANTA CLARA, Calif., Sept. 21, 2023 /PRNewswire/ -- Timeplus, creator of one of the industry's fastest and most powerful streaming analytics platforms, announced today that it has licensed its core engine, Proton, as open source for developers worldwide. Timeplus has developed an innovative, unified streaming + historical analytics platform, with its historical online analytical processing (OLAP) using ClickHouse. This means businesses can now seamlessly generate ad hoc reports over very large datasets, using both historical data and live streaming data. And they can accomplish this faster and at a lesser cost than with other streaming frameworks.

Key Points:

SANTA CLARA, Calif., Sept. 21, 2023 /PRNewswire/ -- Timeplus, creator of one of the industry's fastest and most powerful streaming analytics platforms, announced today that it has licensed its core engine, Proton, as open source for developers worldwide.
Timeplus has developed an innovative, unified streaming + historical analytics platform, with its historical online analytical processing (OLAP) using ClickHouse.
The unique combination of best-in-class real-time OLAP analytics (ClickHouse) with powerful, lightweight streaming processing and incremental analytics capabilities (Timeplus) will transform the way data engineers and analysts work.
Timeplus has combined the power of unified historical plus streaming queries with a low-latency engine - all through the open standard of SQL.

Huatai Securities Initiates Coverage of CIMC Group with "Overweight" Rating, Citing Recovery in Offshore Drilling Demand

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Friday, July 28, 2023

Little Giants, Research report, Huatai Securities, Information technology, USD, Ministry, HKD, Ministry of Industry and Information Technology, Yoy, Hand, RMB

CIMC Group, having strategically laid out its offshore equipment business fifteen years ago, has emerged as the major player in deepwater platform design and construction in China.

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CIMC Group, having strategically laid out its offshore equipment business fifteen years ago, has emerged as the major player in deepwater platform design and construction in China.
Its offshore oil drilling platforms have been successfully deployed worldwide in major offshore oil and gas production areas, showcasing an extensive product range.
Huatai Securities has initiated coverage of CIMC Group for the first time and accorded it a "Overweight" rating.
As a global leader in logistics and energy industry manufacturing, CIMC Group maintains a wide business layout and sustains diversified development.

Bumble Inc. Announces Pricing of Secondary Offering of Shares of Class A Common Stock

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Friday, March 3, 2023

Blackstone has also granted the underwriters a 30-day option to purchase up to an additional 2,062,500 shares of Bumble’s Class A common stock.

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Blackstone has also granted the underwriters a 30-day option to purchase up to an additional 2,062,500 shares of Bumble’s Class A common stock.
The offering is expected to close on March 8, 2023, subject to customary closing conditions.
Bumble is not selling any shares of Class A common stock in the offering and will not receive any of the proceeds from the sale.
Bumble will bear the costs associated with the sale of such shares, other than the underwriting discounts.

Hesai Group Announces Pricing of Initial Public Offering

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Thursday, February 9, 2023

Goldman Sachs, ADSS, ADS, L.L.C, Huatai Securities, Sale, American depositary receipt, Prospectus, Exercise, Credit Suisse, Lidar, Security (finance)

SHANGHAI, China, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today announced the pricing of its initial public offering of 10.0 million American Depositary Shares (“ADSs”), at US$19.00 per ADS, for a total offering size of US$190.0 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs.

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SHANGHAI, China, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today announced the pricing of its initial public offering of 10.0 million American Depositary Shares (“ADSs”), at US$19.00 per ADS, for a total offering size of US$190.0 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs.
In addition, the Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 1.5 million additional ADSs at the initial public offering price.
Goldman Sachs (Asia) L.L.C., Morgan Stanley Asia Limited and Credit Suisse Securities (USA) LLC are acting as joint bookrunners for the offering.
A copy of the final prospectus relating to the offering may be obtained, when available, by contacting the following underwriters:

Chubb Receives Regulatory Approval to Increase its Huatai Stake to 83.2%

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Friday, November 18, 2022

Security (finance), Acquisition, China Banking and Insurance Regulatory Commission, Insurance, Ageing, NYSE, Chubb Limited, Parent, Life, P&C, CB, Financial adviser, Chubb, Huatai Securities

ZURICH, Nov. 18, 2022 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced that it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company's ownership in Huatai Insurance Group Company Limited (Huatai) from 47.3% to 83.2%.

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ZURICH, Nov. 18, 2022 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced that it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company's ownership in Huatai Insurance Group Company Limited (Huatai) from 47.3% to 83.2%.
Huatai is the holding company of a number of subsidiary companies including Huatai Property & Casualty Insurance Company, Huatai Life Insurance Company, and Huatai Asset Management Company.
Huatai Asset Management has over $100 billion in assets under management and is licensed to manage institutional, pension and retail mutual fund businesses.
As of September 30, 2022, Huatai Group had assets of over $10 billion (excluding third party funds) and equity of over $2 billion.

HKTDC and Huatai International launch strategic partnership

Retrieved on:

Tuesday, August 16, 2022

HONG KONG, Aug 16, 2022 - (ACN Newswire) - The Hong Kong Trade Development Council ("HKTDC") and Huatai International Financial Holdings Company Limited ("Huatai") have unveiled a new one year strategic partnership to jointly promote the Dual Circulation Strategy laid down in China's 14th Five-Year Plan.

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HONG KONG, Aug 16, 2022 - (ACN Newswire) - The Hong Kong Trade Development Council ("HKTDC") and Huatai International Financial Holdings Company Limited ("Huatai") have unveiled a new one year strategic partnership to jointly promote the Dual Circulation Strategy laid down in China's 14th Five-Year Plan.
Dr Patrick Lau (L), HKTDC Deputy Executive Director, and Levin Wang (R), CEO of Huatai Financial Holdings (Hong Kong) Limited, unveiled the new strategic partnership between the HKTDC and Huatai.
Huatai Securities is one of the top securities houses in Mainland China, with Huatai International being its international business platform with financial expertise and capable teams in corporate finance.
Huatai International Financial Holdings Company Limited ("Huatai International") is a wholly owned subsidiary and overseas business platform of Huatai Securities Co., Limited (601688.SH and 6886.HK) (the "Group" or the "the parent company" or "HTSC").

HTPE, the debut USD-denominated private equity investment arm under Huatai Securities is poised to continue its strong momentum and reach new milestones across a variety of sectors

Retrieved on:

Thursday, April 28, 2022

Although born at a difficult time amidst the pandemic, HTPE's fundraising was not affected by the melancholy of the market.

Key Points:

Although born at a difficult time amidst the pandemic, HTPE's fundraising was not affected by the melancholy of the market.
We contribute professional expertise and multi-level support to help companies realize their full potentials, growing into industry leader in China and internationally.
Huatai International Private Equity Fund ("HTPE") is a USD private equity fund under Huatai Securities, one of China's largest financial conglomerates.
The core investment team is comprised of investment veterans with more than ten years of experience in private equity and capital markets.

Yeahka to Announce 2021 Annual Results on 31 March 2022, Actively Covered by 13 Leading Brokerages

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Tuesday, March 29, 2022

Company, Guotai Junan Securities, CICC, Software as a service, Huatai Securities, Jefferies, CITI, Science and technology in Asia, Daiwa, Ecosystem, Certified Payment-Card Industry Security Manager, Attention, CLSA, QR, Industrial, Property management, Online shopping, China Securities

HONG KONG, Mar 29, 2022 - (ACN Newswire) - Industrial Securities initiated coverage on Yeahka Limited ("Yeahka" or the "Company") (09923.HK) with an "Overweight" rating.

Key Points:

HONG KONG, Mar 29, 2022 - (ACN Newswire) - Industrial Securities initiated coverage on Yeahka Limited ("Yeahka" or the "Company") (09923.HK) with an "Overweight" rating.
Since 2021, Yeahka has been covered actively by 13 leading brokerages (by alphabetic order), including China Renaissance, China Securities, CICC, CITI, CLSA, Daiwa, Essence Securities, Guosheng Securities, Guotai Junan Securities, Huatai Securities, Industrial Securities, Jefferies, and Zhongtai Securities.
Yeahka's sustainable, solid growth is the key to the attention from these brokerages.
Dial-in details for the earnings conference call are as follows:
About YEAHKA LIMITED (Stock Code: 9923.HK)
Yeahka Limited is a leading payment-based technology platform.