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Haitong Securities to Delist Shares Amid Merger with Guotai Junan

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Haitong Securities to Delist Shares Amid Merger with Guotai Junan

Haitong Securities Co ( (HK:6837) ) has issued an update.

Haitong Securities Co., Ltd. has announced the withdrawal of its H Shares from the Hong Kong Stock Exchange and A Shares from the Shanghai Stock Exchange, effective March 4, 2025. This move is part of a proposed merger with Guotai Junan Securities Co., Ltd., which aims to streamline operations and enhance market positioning. Despite the delisting, Haitong will maintain the listing status of its guaranteed bonds and notes on the Hong Kong Stock Exchange, ensuring continued financial stability and investor confidence.

More about Haitong Securities Co

Haitong Securities Co., Ltd. is a prominent financial services provider in China, primarily engaged in securities brokerage, investment banking, asset management, and financial leasing. The company focuses on offering comprehensive financial solutions to a diverse range of clients, including individuals, corporations, and institutional investors, enhancing its market presence in the financial industry.

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $16.67B

For detailed information about 6837 stock, go to TipRanks’ Stock Analysis page.

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