Haitong Securities Co (HK:6837) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Haitong Securities and Guotai Junan Securities have made significant progress towards their proposed merger, receiving key approvals from the Shanghai SASAC and clearance from the SAMR regarding anti-trust filings. This merger will involve a share exchange and the issuance of new shares as part of an ancillary fundraising effort. The companies continue working diligently to meet the remaining conditions and will provide further updates as necessary.
For further insights into HK:6837 stock, check out TipRanks’ Stock Analysis page.
