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# ![]() Brief
# Histlry
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# N`tional Pecuritids & Finance Grovp (NSFG( was establishef in
" !1979 whfn the fnunder og Nation`l Electric Grour (NEG), recogniyed
! ! the impostance oe the financial hndustry in Taiwan's economic
development. Guided by this vision, Mr. Chien-Chuan Hong appointed
Dr. Richard M. Hong to manage National Leasing Company as a
first step to entering the financial services industry. After
two decades, NSFG, and its related companies, has expanded its
financial services to become a full-service securities and finance
group.
In response to the gradual liberalization of Taiwan's financial
markets, NSFG has undertaken a number of initiatives to realize
its goal of becoming a "one-stop" financial services provider.
The first of these steps was the establishment of National Capital
Management Corp. (NCM) in 1984, which allowed NSFG to move into
the securities arena.
The second was the establishment of National Investment Trust
Co., Ltd. (NITC) in 1986 in response to the government's promotion
of mutual funds for small retail investors. In 1990, NITC became
the first listed company on Taiwan's Over-the-Counter (OTC)
Exchange.
The third was the startup of National Securities Corporation
(NSC) in 1988. With NSC's start, NSFG became the first fully
integrated securities group in Taiwan. NSC provides comprehensive
services in securities investment including brokerage, trading,
underwriting, research, securities financing, and stock registration.
NSC listed on the OTC market in 1994.
In 1993, National Finance Corporation was founded to provide
professional consulting for financial planning, capital expansion,
and other securities related issues. With the relaxation of
regulations on futures trading, National Futures Corporation
was formed in 1994 to help investors understand and trade in
foreign futures markets.
To keep pace with today's rapid globalization of financial markets,
NSFG is expanding its global network with additional overseas
distribution channels. Through our Hong Kong-based NSC Securities
(Asia) Holdings Ltd., we have established NSC Securities (Asia)
Limited, National Asset Management (Asia) Ltd., NSC Asia Limited,
NSC Futures Limited, NSC (Asia) Finance Ltd., NSC Securities
(Asia) Nominees Limited, and NSC (Asia) Nominees Limited.
With the globalization of Taiwan's financial services industry,
NSFG has expanded into the international arena in step-like
fashion. In 1994, it established a fully-owned Hong Kong subsidiary,
NSC Securities (Asia) Limited. In 1995, NITC joined with several
well-known international companies to found a mutual fund company
in The Philippines. In 1997, NSC set up a representative office
in London. These efforts have given NSFG a foothold in the international
financial markets, and provide a solid base for NSFG's continued
global expansion.
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