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Guotai Haitong Securities Updates Share Capital and Amends Articles of Association

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Guotai Haitong Securities Updates Share Capital and Amends Articles of Association

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Guotai Junan Securities Co., Ltd. Class H ( (HK:2611) ) has issued an announcement.

Guotai Haitong Securities Co., Ltd. has completed the cancellation of 782,867 Restricted A Shares, leading to a reduction in its registered capital to RMB17,628,925,829. This change necessitates amendments to the company’s Articles of Association, which will be updated to reflect the new share capital structure without requiring further shareholder approval, potentially streamlining the company’s governance processes.

The most recent analyst rating on (HK:2611) stock is a Buy with a HK$14.61 price target. To see the full list of analyst forecasts on Guotai Junan Securities Co., Ltd. Class H stock, see the HK:2611 Stock Forecast page.

More about Guotai Junan Securities Co., Ltd. Class H

Guotai Haitong Securities Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the securities industry. It offers a range of financial services, including securities trading, asset management, and investment banking, with a focus on the Chinese market.

Average Trading Volume: 32,413,684

Technical Sentiment Signal: Buy

Current Market Cap: HK$357B

Learn more about 2611 stock on TipRanks’ Stock Analysis page.

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