Guotai Junan International Holdings Limited (HK:1788) has released an update.
Guotai Junan International Holdings Limited has acknowledged the potential implications of a proposed merger between its controlling shareholder, Guotai Junan Securities, and Haitong Securities, ensuring ongoing discussions to address any business overlap and maintain non-competition agreements. The company has reassured stakeholders that it will continue to evaluate the situation and provide updates as necessary. This proactive approach aims to preserve shareholder interests and uphold the company’s strategic integrity post-merger.
For further insights into HK:1788 stock, check out TipRanks’ Stock Analysis page.