Haitong Securities Co (HK:6837) has released an update.
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Haitong Securities Co. announced the successful passing of all resolutions at their latest extraordinary general and shareholder meetings, paving the way for a proposed merger with Guotai Junan Securities. This strategic move, supported by a substantial shareholder vote, signals a significant development in the Chinese financial market landscape. Investors and market watchers are keenly observing this merger as it promises to reshape the competitive dynamics in the securities sector.
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