Introduction
Haitong Securities is a Chinese-based international investment bank. It was founded in 1870 and has since grown to be one of the largest banks in China with over $1 trillion in assets. Haitong Securities offers a wide range of financial services including investment banking, securities brokerage, and asset management. It has a presence in over 50 countries and employs over 30,000 people. In this Haitong Securities review, we will take a look at the company’s history, services, fees, and whether or not it is a legit broker. We will also discuss if Haitong Securities accepts USA traders.
Haitong Securities Review
Haitong Securities is a Chinese investment bank that was founded in 1991. It is one of the largest securities firms in China with over $1 trillion in assets under management. The firm offers a full range of investment banking, asset management, and research services.
Haitong Securities has a strong presence in the US, with an office in New York and branches in Los Angeles and San Francisco. The firm is a member of the New York Stock Exchange and the Nasdaq Stock Market. Haitong Securities is also registered with the SEC as a broker-dealer.
The firm has been growing rapidly in recent years, thanks to China’s booming economy. Haitong Securities went public on the Hong Kong Stock Exchange in 2014, raising $1.5 billion. The IPO was oversubscribed by more than 30 times.
Haitong Securities is a legit investment bank that is registered with the SEC as a broker-dealer. The firm offers a full range of investment banking, asset management, and research services. Haitong Securities is also listed on the Hong Kong Stock Exchange.
Haitong Securities Scam
Haitong Securities is a global investment bank headquartered in China. It is one of the leading banks in Asia and has a strong presence in the global financial markets. Haitong Securities has been caught up in a number of scandals in recent years, which has led to many questioning its legitimacy.
The most recent scandal involving Haitong Securities is the “Haitong Securities Scam”. This scam saw a group of investors defraud Haitong Securities of over $1 billion. The scam was uncovered by Chinese authorities in September 2017 and involved a number of Haitong Securities employees.
Haitong Securities has denied any involvement in the scam and has cooperated with authorities to investigate the matter. However, this has not stopped many from questioning the legitimacy of the bank.
There are a number of reasons why people may be suspicious of Haitong Securities. Firstly, the bank has been embroiled in a number of scandals in recent years. Secondly, it is based in China, which is not known for its transparency or regulatory oversight. Finally, Haitong Securities does not accept US clients, which may make it difficult for American investors to get their money back if something goes wrong.
Despite these concerns, Haitong Securities remains one of the leading banks in Asia and continues to play an important role in the global financial markets.
Does Haitong Securities Accept USA Traders?
Haitong Securities is a Chinese investment bank that offers a range of financial services, including brokerage, to clients around the world. According to its website, the company accepts clients from the United States.
However, it is important to note that Haitong Securities is not registered with the U.S. Securities and Exchange Commission (SEC). This means that the firm is not subject to the same level of regulation as firms that are registered with the SEC.
Investors should be aware of this before opening an account with Haitong Securities. They should also research the company carefully to make sure they are comfortable with its business practices and risk management procedures.
Conclusion
Haitong Securities is a legit company that does accept USA traders. They are a full-service brokerage firm offering a wide range of services and products, including online trading. While they may not be the cheapest option out there, they do offer good value for your money. Overall, we would say that Haitong Securities is a good choice for anyone looking for a reliable and reputable broker to invest with.