Haitong Securities Co (HK:6837) has released an update.
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Haitong Securities Co. announced the successful passing of all resolutions at their latest extraordinary general and shareholder meetings, paving the way for a proposed merger with Guotai Junan Securities. This strategic move, supported by a substantial shareholder vote, signals a significant development in the Chinese financial market landscape. Investors and market watchers are keenly observing this merger as it promises to reshape the competitive dynamics in the securities sector.
For further insights into HK:6837 stock, check out TipRanks’ Stock Analysis page.