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Guotai Junan and Haitong Securities Announce Share Exchange Implementation

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Guotai Junan and Haitong Securities Announce Share Exchange Implementation

Guotai Junan Securities Co., Ltd. Class H ( (HK:2611) ) has provided an announcement.

Guotai Junan Securities Co., Ltd. and Haitong Securities Co., Ltd. have announced the implementation of a share exchange and a revised timeline for this process. This development includes the withdrawal of Haitong H Shares from the Hong Kong Stock Exchange and Haitong A Shares from the SSE, with key dates outlined for the completion of the share exchange and the proposed placement. This move is significant for the company’s operations and may impact its market positioning and stakeholders.

More about Guotai Junan Securities Co., Ltd. Class H

Guotai Junan Securities Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the financial services industry. The company primarily focuses on securities trading and investment banking services.

YTD Price Performance: 9.50%

Average Trading Volume: 6,598,551

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$158.4B

Learn more about 2611 stock on TipRanks’ Stock Analysis page.

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