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The latest announcement is out from Guotai Junan Securities Co., Ltd. Class H ( (HK:2611) ).
Guotai Junan Securities Co., Ltd. has announced progress on its proposed merger with Haitong Securities Co., Ltd. The merger involves a share exchange and placement, with necessary approvals obtained from relevant authorities including the CSRC and the Hong Kong Stock Exchange. This move is expected to reshape the ownership structure of several affiliated entities and is a significant step in consolidating operations between the two financial firms.
More about Guotai Junan Securities Co., Ltd. Class H
Guotai Junan Securities Co., Ltd. is a major player in the financial services industry, focusing on securities trading, brokerage services, and investment banking. The company operates within the People’s Republic of China and is involved in providing a range of financial products and services to a diversified client base.
YTD Price Performance: -6.27%
Average Trading Volume: 8,611,207
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$153.5B
For a thorough assessment of 2611 stock, go to TipRanks’ Stock Analysis page.
