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Haitong Unitrust Announces Completion of Merger Affecting Ownership

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Haitong Unitrust Announces Completion of Merger Affecting Ownership

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An update from Haitong Unitrust International Financial Leasing Co., Ltd Class H ( (HK:1905) ) is now available.

Haitong Unitrust International Financial Leasing Co., Ltd. announced the completion of a merger between Haitong Securities and Guotai Junan Securities. As a result, Guotai Junan Securities has become the indirect controlling shareholder of Haitong Unitrust, with Shanghai International Group Co., Ltd. as the de facto controller. This merger marks a significant change in the company’s ownership structure, potentially impacting its strategic direction and market positioning.

More about Haitong Unitrust International Financial Leasing Co., Ltd Class H

Haitong Unitrust International Financial Leasing Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates in the financial leasing industry, providing leasing services with a focus on facilitating financial solutions for various sectors.

YTD Price Performance: -2.25%

Average Trading Volume: 2,339,557

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$7.16B

For a thorough assessment of 1905 stock, go to TipRanks’ Stock Analysis page.

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