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Haitong Securities Co ( (HK:6837) ) just unveiled an update.
Haitong Securities Co., Ltd. and Guotai Junan Securities Co., Ltd. have announced progress on their proposed merger and share exchange, as well as a major transaction involving the issuance of A shares and H shares. The Shanghai Stock Exchange’s Merger, Acquisition, and Restructuring Review Committee has reviewed and approved the compliance of these transactions with restructuring conditions and information disclosure requirements. The companies are still awaiting several regulatory approvals and shareholder consents to fully satisfy the conditions for the merger and placement agreements.
More about Haitong Securities Co
Haitong Securities Co., Ltd. is a major player in the financial services industry, primarily engaged in providing comprehensive securities and financial services. The company operates in the People’s Republic of China and focuses on a range of services including brokerage, investment banking, asset management, and financial advisory services.
YTD Price Performance: 0.19%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $16.75B
Find detailed analytics on 6837 stock on TipRanks’ Stock Analysis page.
