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Guolian Securities Gains Approval for Asset Acquisition
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Guolian Securities Gains Approval for Asset Acquisition

Guolian Securities Co., Ltd. Class H (HK:1456) has released an update.

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Guolian Securities Co., Ltd. has received approval from the Shanghai Stock Exchange’s Merger, Acquisition and Reorganisation Review Committee to proceed with its planned acquisition of assets through share issuance and fundraising. While this approval marks a significant step forward, the transactions still require further consent and ratification from relevant authorities. Investors are advised to stay informed as the process progresses and exercise caution while trading the company’s securities.

For further insights into HK:1456 stock, check out TipRanks’ Stock Analysis page.

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