On December 25th, 2024, small and medium-sized securities firms frequently staged shareholder changes, and there were active figures of local state-owned assets among the buyers of equity transactions. There are two main ways for local state-owned assets to acquire equity: one is to take over the equity of small and medium-sized securities firms held by private enterprises, and the other is for state-owned assets to participate in the transfer of securities firms’ equity between different state-owned platforms. Behind the frequent changes in equity is the intensification of industry differentiation, constantly squeezing the survival space of small and medium-sized securities firms. Introducing local state-owned asset shareholders or increasing the control of local state-owned assets may bring stronger capital strength, more business opportunities, and greater development potential to small and medium-sized securities firms. With the help of local state-owned assets, small and medium-sized securities firms are expected to embark on a high-quality development path of specialization and differentiation. (Shanghai Securities News)
Scan code to share