Controversies

Company Denies Media Report That Fund Sales Business Was Suspended for 12 Months

In April 2026, media reported that Huatai Securities' fund sales business had been suspended for 12 months, and the company clarified that it had not received any such measure from the Jiangsu Securities Regulatory Bureau. This entry preserves the public dispute and the clarification, and does not treat the denied suspension claim as a penalty fact.

Ordered to Rectify Compliance and Risk Control Problems in Bond Market Making and Co-Investment Business

In April 2024, the Jiangsu Securities Regulatory Bureau identified problems at Huatai Securities in proprietary trading compliance and risk control, bond market making, and co-investment, and issued a rectification order against the company. This entry concerns that regulatory decision.

Zhenjiang Branch Staff Sold Financial Products Improperly; Regulator Ordered Rectification

In November 2024, the Jiangsu Securities Regulatory Bureau ordered the Zhenjiang branch of Huatai Securities to rectify, citing improper sales of financial products by subordinate staff and inadequate compliance management. This is recorded separately from the proprietary trading problems at the head office.

Warning for OTC Options Business with Non-Professional Institutions and Irregular Employee Conduct

In December 2024, the Jiangsu Securities Regulatory Bureau found that Huatai Securities had conducted over-the-counter options trading with non-professional institutional investors, and that employees had provided test answers and traded on behalf of clients, among other issues. The bureau issued warning letters to the company and the employees involved. This item is recorded separately from the November penalty against the Zhenjiang branch.

Fined 10.1 Million Yuan by the Central Bank for Anti-Money Laundering Violations

In 2020, the central bank fined Huatai Securities 10.1 million yuan for anti-money laundering violations, including failures in customer identification and in the retention of records and transaction data; the responsible individuals were also penalized.

People’s Bank of China fines Huatai Securities RMB 10.1 million

Fine or penalty

In a regulatory action, the People’s Bank of China fined Huatai Securities a total of RMB 10.1 million. According to the source, the penalty was imposed for three violations: failing to perform customer identity verification, failing to submit suspicious transaction reports as required, and transacting with unidentified customers. The fine covers these anti-money-laundering compliance failures. The event was reported on February 14, 2020.