Rosa Securities was found by Mr. and Mrs. Rosa in 1972, and obtained a trading seat in the Kowloon Stock Exchange (number 0027). The market boom in 1972 was comparable to red chip fever and high tech fever in 1997 and 2000 respectively. However, the boom did not last long and crash in 1973 until Hang Seng Index declined from 1700 points to almost 150 in addition to tremendous drop in turnover. At that time, Mr. Rosa made the smart move, obtained another trading seat in the Far East Stock Exchange (number 0309), which was a very active stock exchanges among four. Until 1986, we obtained two membership 6360 & 6361, under the unification of four exchanges policy, from the Stock Exchange of Hong Kong Limited. Recently, we incorporated ourselves to scope with the listing of the Hong Kong Exchanges and Clearing Company Limited, and we were allocated two trading rights.
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