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Guotai Junan and Haitong Securities Announce Withdrawal of Haitong Shares

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Guotai Junan and Haitong Securities Announce Withdrawal of Haitong Shares

The latest update is out from Guotai Junan Securities Co., Ltd. Class H ( (HK:2611) ).

Guotai Junan Securities Co., Ltd. and Haitong Securities Co., Ltd. announced the withdrawal of Haitong H Shares and A Shares from the Hong Kong Stock Exchange and the Shanghai Stock Exchange, respectively, effective March 4, 2025. This move is part of a proposed merger between the two companies, with Haitong Securities maintaining the listing status of certain bonds and notes on the Hong Kong Stock Exchange. Stakeholders are advised to look out for further announcements regarding the share exchange and the post-merger company’s trading activities.

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. It operates within the financial services industry, focusing on securities and related financial products. The company is involved in various financial activities, including the issuance of bonds and notes.

YTD Price Performance: 6.63%

Average Trading Volume: 6,148,155

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$160.4B

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

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