Guotai Junan Securities Co., Ltd. Class H (HK:2611) has released an update.
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Guotai Junan Securities Co., Ltd. has announced an ongoing suspension of trading for its H shares and certain guaranteed notes since September 6, 2024, in anticipation of a potential merger with Haitong Securities. The proposed merger is currently awaiting approval from the boards of both companies and regulatory authorities, with no guarantees it will proceed. Investors are cautioned to seek professional advice when dealing with the company’s securities during this uncertain period.
For further insights into HK:2611 stock, check out TipRanks’ Stock Analysis page.