TF Securities(SH:601162) Xin Lang Cai Jing·2025-10-21 02:28Core Points - Tianfeng Securities experienced a 5.3% increase in stock price, reaching 5.36 CNY per share, with a trading volume of 1.21 billion CNY and a turnover rate of 2.67%, resulting in a total market capitalization of 53.997 billion CNY [1] Company Overview - Tianfeng Securities Co., Ltd. is located in Wuhan, Hubei Province, and was established on March 29, 2000, with its listing date on October 19, 2018 [1] - The company's main business activities include securities brokerage, investment consulting, financial advisory related to securities transactions, mutual fund distribution, underwriting and sponsorship, proprietary trading, asset management, margin financing and securities lending, distribution of financial products, and intermediary services for futures companies [1] - The revenue composition of Tianfeng Securities is as follows: securities brokerage accounts for 55.47%, proprietary trading 40.06%, investment banking 34.81%, and asset management 14.23% [1] Fund Holdings - One fund under Bank of China Securities holds a significant position in Tianfeng Securities, specifically the Bank of China Securities CSI 500 ETF (515190), which held 81,800 shares in the second quarter, representing 0.46% of the fund's net value, making it the eighth largest holding [2] - The Bank of China Securities CSI 500 ETF was established on April 30, 2020, with a latest scale of 87.6809 million CNY, and has achieved a year-to-date return of 24.56%, ranking 1895 out of 4218 in its category; over the past year, it has returned 26.39%, ranking 1696 out of 3868; and since inception, it has returned 46.84% [2] Fund Management - The fund managers for the Bank of China Securities CSI 500 ETF are Liu Xianzheng and Zhang Yimin, with Liu having a tenure of 7 years and 267 days, managing a total fund size of 287 million CNY, achieving a best return of 118.04% and a worst return of -34.66% during his tenure [3] - Zhang has a tenure of 5 years and 38 days, also managing a total fund size of 287 million CNY, with a best return of 19.34% and a worst return of -40.75% during his tenure [3]