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Guotai Junan Securities Plans Merger and Share Placement
Company Announcements

Guotai Junan Securities Plans Merger and Share Placement

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

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Guotai Junan Securities Co., Ltd. is set to hold an extraordinary general meeting on December 13, 2024, to discuss and approve a proposed merger and share placement with Haitong Securities. This move aims to comply with regulatory requirements and includes a detailed plan for share exchanges, asset transfers, and profit distribution. Investors are keenly watching these developments, which could significantly impact the company’s market presence.

For further insights into HK:2611 stock, check out TipRanks’ Stock Analysis page.

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