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The latest update is out from Guotai Junan Securities Co., Ltd. Class H ( (HK:2611) ).
Guotai Junan Securities Co., Ltd. announced the results of the put option exercises for its H shares and Haitong H shares, noting that no dissenting shareholders elected to exercise their options. This development is part of a broader merger and share exchange strategy with Haitong Securities, aimed at consolidating their market positions and potentially enhancing value for stakeholders. The timeline for the cessation of dealings and the closure of registers for Haitong H Shares has been detailed, with further announcements expected as the process progresses.
More about Guotai Junan Securities Co., Ltd. Class H
Guotai Junan Securities Co., Ltd. is a prominent securities company based in the People’s Republic of China, with its primary focus on providing comprehensive financial services, including securities brokerage, investment banking, asset management, and financial advisory services. The company is listed on the Hong Kong Stock Exchange and plays a significant role in the Chinese financial industry.
YTD Price Performance: -0.18%
Average Trading Volume: 6,272,771
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$157B
Find detailed analytics on 2611 stock on TipRanks’ Stock Analysis page.
