Class A shares of securities plate rose down, Jinlong shares, Haitong Securities, Oriental Securities and other shares turned down, Tianfeng Securities rose rapidly narrowed.
On October 10th, after falling nearly 2,500 points in two days, the Hang Seng Index rebounded this morning. The Hang Seng Index opened 400 points higher in the morning and then opened higher and walked higher. It rose more than 800 points in the morning, with a maximum of 21,524.85 points. The Hang Seng Technology Index rallied and strengthened in the early afternoon, rising more than 4%. By the end of the day, the Hang Seng Index closed up 4.22% at 21,508.31 points, the Branch Index closed up 4...
Haitong Securities (06837.HK) resumed trading today, rising 134.35%.
Guotai Junan and Haitong Securities class A shares both resumed trading within the daily limit. The two companies simultaneously issued merger and reorganization related plans and joint announcements, which were 8 trading days earlier than the estimated suspension time of the previous class A share announcement.
On October 9th, Haitong Securities announced that this absorption and merger adopts the method of Guotai Junan share exchange absorbing and merging Haitong Securities, that is, Guotai Junan issued Guotai Junan class A share shares to all class A share exchange shareholders of Haitong Securities, issued Guotai Junan H shares to all H share exchange shareholders of Haitong Securities, and the class A share shares to be issued will apply for listing and circulation on the Shanghai Stock Exchange, t...
On October 9th, Guotai Junan announced that the exchange price of Guotai Junan's class A shares is 13.83 yuan/share, and the exchange price of Haitong Securities' class A shares is 8.57 yuan/share. According to the above formula, the exchange ratio between Haitong Securities and Guotai Junan is 1:0.62, that is, every 1 share of Haitong Securities class A shares can be exchanged for 0.62 shares of Guotai Junan class A shares, and every 1 share of Haitong Securities H shares can be exchanged for 0...
On September 6th, Huachuang Securities said that if Guotai Junan and Haitong Securities merge, the total assets and net assets will rank first in the industry. If the merger goes well, the imaginative space of the merger of leading high-quality securities firms such as CICC and Galaxy, Jiantou and CITIC is expected to be further opened. The report pointed out that if Guojun and Haitong merge, based on the data of the 2023 annual report, the combined total assets and net assets will reach 1.68 tr...
On September 5th, there are three major considerations behind the merger of Guotai Junan and Haitong Securities. First, Shanghai urgently needs to build a world-class investment bank to help build Shanghai's international financial center. Second, this merger will help both parties complement each other's advantages and enhance core functions. Third, this merger will help optimize the layout of Shanghai's financial state-owned assets, and strengthen and improve state-owned capital.
On September 5th, Guotai Junan and Haitong Securities are planning to issue class A shares to all class A share exchange shareholders of Haitong Securities and H shares to all H share exchange shareholders of Haitong Securities to absorb and merge Haitong Securities and issue class A shares to raise supporting funds. The company's shares will be suspended from the opening of the market on September 6th (Friday). According to the relevant regulations of the Shanghai Stock Exchange, it is expected...