Haitong Securities Co (HK:6837) has released an update.
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Haitong Securities and Guotai Junan Securities have received regulatory acceptance for their proposed merger, involving a share exchange and placement. The merger aims to streamline operations and enhance shareholder value, although its finalization depends on meeting specific conditions. Investors are advised to exercise caution as the merger’s future remains uncertain.
For further insights into HK:6837 stock, check out TipRanks’ Stock Analysis page.
