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Why are Federal Reserve Securities State-owned enterprises?
According to relevant information, the Federal Reserve securities are neither funded by the state nor owned by the state. Federal Reserve Securities is a private securities company, which was established on February 28th, 20001year and its management headquarters is located in Shanghai. The business scope of the company covers securities brokerage, securities investment consulting, securities asset management, margin trading and fund sales.
Formerly known as Zhongcheng Securities, Federal Reserve Securities was established on February 28th, 20001year, with a registered capital of 2573 1 billion yuan and a net asset of 5.6 billion yuan, and its registered place is Shenzhen. Shanghai Asset Management Company is headquartered in Lujiazui BRIC Building, Shanghai.
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