The latest announcement is out from Haitong Securities Co ( (HK:6837) ).
Haitong Securities Co., Ltd. and Guotai Junan Securities Co., Ltd. have announced the implementation of a share exchange and a revised timeline for the process. The announcement outlines the withdrawal of Haitong H Shares and A Shares from the Hong Kong Stock Exchange and the SSE, respectively, with key dates for the share exchange and completion of the proposed placement. This move is part of a broader strategic merger and placement initiative, which is expected to impact the company’s market positioning and stakeholder interests significantly.
More about Haitong Securities Co
Haitong Securities Co., Ltd. is a financial services company based in China, primarily engaged in securities brokerage, investment banking, asset management, and financial advisory services. The company focuses on providing comprehensive financial solutions to a wide range of clients, including individual investors and corporate entities, in both domestic and international markets.
YTD Price Performance: 0.19%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $16.66B
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