Haitong Securities Co (HK:6837) has released an update.
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Haitong Securities Co., Ltd. has announced the continued suspension of trading for its shares and certain bonds due to ongoing discussions regarding a potential merger with Guotai Junan Securities, which is still awaiting approval from regulatory authorities and company boards. Shareholders and potential investors are cautioned to seek professional advice and exercise caution, as the merger is not guaranteed and trading suspension is expected to last no more than 25 days for A shares.
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