Xiao Tong Yang

China Galaxy Securities Co., Ltd. (Broker) (CGS) is the brokerage division of government-owned China Galaxy Securities Co., Ltd. (SHA: 601881). Headquartered in Beijing, CGS was founded in 2007 and provides securities and futures brokerage, proprietary trading and other securities trading services to institutional clients. The Securities Brokerage segment offers margin financing, securities lending, and securities dealing and broking. The Futures Brokerage segment provides futures dealing, broking, consulting, and training. The Proprietary Trading and Other Securities Trading Services segment includes bonds, funds, derivatives, and equity trading.