Haitong Securities Co (HK:6837) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Haitong Securities Co. and Guotai Junan Securities Co. are moving forward with a proposed merger and share exchange, although none of the required conditions for the merger have been met yet. The companies have been granted an extension to finalize and dispatch their joint circular, now due by November 22, 2024, as they work on updating expert reports and addressing regulatory queries. This merger could create significant opportunities in the financial markets as both companies continue to actively pursue the necessary approvals.
For further insights into HK:6837 stock, check out TipRanks’ Stock Analysis page.
