The story
China Galaxy Securities was founded on January 26, 2007, with a capital of RMB 6 billion. Major contribution of fund was from Galaxy Financial Holdings which took up 99.89% of issued capital, with the remaining 0.11% being taken up by four promoters: Beijing Tsinghua Venture Capital (currently known as Qingyuan Defeng), Chongqing Water, China General and CNBM.
From Wikipedia’s article on China Galaxy Securities, shared under CC BY-SA 4.0.3
