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Haitong Securities Announces Leadership Change Amid Strategic Merger Plans

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Haitong Securities Announces Leadership Change Amid Strategic Merger Plans

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Haitong Securities Co ( (HK:6837) ) has provided an update.

Haitong Securities Co., Ltd. announced the resignation of its Chairman of the Board, Mr. Zhou Jie, effective immediately due to work adjustments. During his tenure, Mr. Zhou Jie significantly contributed to the company’s strategic growth, including a proposed merger with Guotai Junan Securities Co., Ltd. The board has approved the appointment of Mr. Li Jun as the new Chairman, who is expected to further the company’s vision of becoming a globally competitive investment bank.

More about Haitong Securities Co

Haitong Securities Co., Ltd. is a leading financial services provider in the People’s Republic of China, primarily engaged in investment banking, wealth management, and securities trading. The company focuses on serving national strategies and the real economy, aiming to enhance the financial system’s quality and efficiency.

YTD Price Performance: 47.27%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $16.39B

Find detailed analytics on 6837 stock on TipRanks’ Stock Analysis page.

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