Guotai Junan Proposes Merger with Haitong Securities

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

Guotai Junan Securities Co., Ltd. has announced a proposed merger with Haitong Securities, which is yet to meet certain effectiveness conditions before being finalized. The announcement, which provides information about the merger and cautions shareholders and potential investors about the uncertainty of the merger’s completion, was published on the Shanghai Stock Exchange. Investors are advised to consult professional advisers and monitor further announcements from the company regarding the proposed merger.

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