Haitong Securities Co (HK:6837) has released an update.
Haitong Securities and Guotai Junan Securities have received approval from the SFC for their proposed merger, marking a significant step forward in their consolidation efforts. While some regulatory and shareholder approvals are still pending, the companies are progressing towards uniting their operations. Investors in the financial markets are keenly watching these developments as the merger could impact market dynamics.
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