CSC Financial Co., Ltd.

[old] China Securities Co., Ltd. (1992–2005)

The predecessor of CSC Financial Co., Ltd. was incorporated in 1992 as China Securities Co., Ltd. (CSC) (Chinese: 华夏证券; pinyin: Huáxià zhèngquàn; lit. 'Huaxia Securities'). Huaxia Securities established a subsidiary in Hong Kong as China Securities (International) Limited in 1994 (the stake was at first held by Huaxia Securities' chairman Shao Chun (Chinese: 邵淳) and CEO Deng Xi (Chinese: 邓其) as proxies; China Securities (International) became dormant since 2010).

As of 31 December 2004, state-owned enterprise Beijing State-owned Assets Management Co., Ltd. owned 29.82% stake of Huaxia Securities. The enterprise, which was a subsidiary of Beijing Municipal People's Government, also owned 33.87% stake of Beijing Securities, 20.07% stake of the Bank of Beijing, 46.67% stake of Beijing International Trust, 40.725% stake of China Asset Management (Chinese: 华夏基金管理; lit. 'Huaxia Fund Management') and the predecessor of insurance company Old Mutual – Guodian for 50.00% stake, making the enterprise owned several financial and non-financial associate companies as a mega conglomerate. However, Hua Xia Bank, was partially owned by Shougang Corporation (a direct subsidiary of State-owned Assets Supervision and Administration Commission (SASAC) of Beijing Municipal Government at that time) for 14.29% and other companies instead.

However, after several scandal which the staff illegally made investment without the consent of their client, Huaxia Securities went bankrupted (as in 2016 the firm was still being liquidated).

[new] China Securities Co., Ltd. (2005–)

A new firm with the same English trading name China Securities but different Chinese name (Chinese: 中信建投证券; lit. 'CITIC Jianyin Securities') was established by CITIC Securities and China Jianyin Investment in 2005 and receiving the client from the old firm, but did not bear any legal responsibility of the old firm.