Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Guolian Securities Co., Ltd. Class H ( (HK:1456) ) is now available.
Guolian Minsheng Securities has further consolidated its control over Minsheng Securities Co., Ltd. by acquiring an additional 81,543,019 shares, equivalent to 0.72% of Minsheng Securities’ total share capital, from Oceanwide Holdings via judicial auction. Following an enforcement ruling from the Beijing Second Intermediate People’s Court and the issuance of a new equity certificate, Guolian Minsheng’s stake in Minsheng Securities has risen from 99.26% to 99.98%, effectively giving it near-full ownership and reinforcing its strategic control and operational influence over the subsidiary for the benefit of its broader stakeholder base.
More about Guolian Securities Co., Ltd. Class H
Guolian Minsheng Securities Company Limited is a PRC-based securities firm under Guolian Securities Co., Ltd. Class H, operating in the financial services industry with a focus on securities brokerage, investment banking and related capital markets services. It holds a controlling stake in Minsheng Securities Co., Ltd., strengthening its presence in China’s securities market.
Average Trading Volume: 4,812,033
Technical Sentiment Signal: Buy
Current Market Cap: HK$62.54B
For a thorough assessment of 1456 stock, go to TipRanks’ Stock Analysis page.