tiprankstipranks
Trending News
More News >

Guotai Junan Securities Completes Share Exchange and Placement

Story Highlights
Guotai Junan Securities Completes Share Exchange and Placement

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

Guotai Junan Securities has completed a significant A share share exchange with Haitong Securities, resulting in the conversion of Haitong A Shares into Guotai Junan A Shares. Additionally, the company has successfully completed a proposed placement, raising approximately RMB9,984.8 million. These developments are expected to strengthen Guotai Junan’s market position and enhance its financial capabilities.

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

Guotai Junan Securities Co., Ltd. is a leading securities company in China, providing a range of financial services including brokerage, wealth management, investment banking, and asset management. The company is focused on expanding its market presence and enhancing its service offerings in the financial sector.

YTD Price Performance: 10.75%

Average Trading Volume: 7,842,752

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$161.8B

Find detailed analytics on 2611 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App