Anglorand Financial Services Group

Anglorand Financial Services Group is a South African company with roots dating back to 1903. It was acquired by Ningbo Construction Ltd in 2015, becoming the first financial services company to be acquired by Chinese private capital. Anglorand Securities Limited holds memberships on the Johannesburg Stock Exchange (JSE) and the South African Futures Exchange (SAFEX), and has various financial licenses and authorizations in South Africa through subsidiary companies such as the Financial Services Board (FSB), the National Credit Regulator (NCR), and the South African Reserve Bank (SARB). The acquisition by Ningbo Construction Ltd aims to address the globalized export of capital and capacity, the internationalization of Chinese CNY (Renminbi), and the worldwide allocation of Chinese wealth. Currently, the group manages assets worth over ZAR 3 billion and has a physical presence in Johannesburg, Cape Town, Abu Dhabi, Mauritius, and Shanghai. Founded in 1968, the company operates in the financial services industry.