乾坤期货股权变更获批，高盛中国全资控股

Core Points - Goldman Sachs China has received approval to fully acquire Qian Kun Futures, making it a wholly-owned subsidiary [2][3] - The acquisition process took over four years, with Goldman Sachs China initially holding a 4.9% stake before the full acquisition [2] - Qian Kun Futures will now operate under Goldman Sachs China's complete control, focusing on financial and commodity futures brokerage [2][6] Company Summary - Qian Kun Futures was previously controlled by Beijing Gao Hua Securities, which held a 95.1% stake [2] - The total investment for the acquisition was 317 million yuan [2] - Goldman Sachs Group's presence in China now includes Goldman Sachs (China) Securities, Qian Kun Futures, and Beijing Shengze Investment [3] Industry Context - Since the removal of foreign ownership limits in January 2020, there are now four wholly foreign-owned futures companies in China: JPMorgan Futures, Morgan Stanley Futures, UBS Futures, and Qian Kun Futures [6][7] - JPMorgan Futures was the first to transition to a wholly foreign-owned entity in 2020, followed by Morgan Stanley Futures in May 2023 [7] - Recent regulatory measures have expanded the participation of Qualified Foreign Institutional Investors (QFII) in the futures market, including new options and contracts [9]