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Southwest Securities International Securities Limited ( (HK:0812) ) has issued an announcement.
Southwest Securities International Securities Limited has announced that two of its wholly-owned subsidiaries have submitted exit plans to the Securities and Futures Commission to cease certain business operations. This strategic move aims to optimize resource allocation and enhance competitiveness by concentrating on core business areas. Despite efforts to improve its business situation, the company has seen little progress, leading to this decision. The exit plans will not have an immediate impact on current operations as the subsidiaries have had minimal activity.
More about Southwest Securities International Securities Limited
Southwest Securities International Securities Limited operates in the financial services industry, focusing on brokerage and margin financing, corporate finance, asset management, and proprietary trading. The company is dedicated to developing its Type 1, Type 4, and Type 9 regulated activities, which include dealing in securities, advising on securities, and asset management.
Technical Sentiment Signal: Sell
Current Market Cap: HK$109.9M
Learn more about 0812 stock on TipRanks’ Stock Analysis page.