On December 22, Zhu Fenglian, a spokeswoman for the Taiwan Affairs Office of the State Council, said that we firmly oppose the United States providing weapons to the Taiwan region of China in any way, and this position is consistent and clear. This move by the US seriously violates the one-China principle and the three Sino-US joint communiques, especially the "August 17" communique. It violates the serious commitment of its leaders not to support "Taiwan independence" and sends a serious wrong ...
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...
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, Guotai Junan announced that the company and Haitong Securities plan to conduct major asset restructuring through share swap absorption and merger, and raise supporting funds. This transaction includes issuing shares to all class A shares and H shares of Haitong Securities. The company's class A shares will be suspended from September 6, 2024. At present, the relevant audit work has not been completed, and the shareholders' meeting will not be held for the time being. The company'...
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...
Guotai Junan International Holdings Limited released an unaudited interim results announcement for the six months ended June 30, 2024, in which it disclosed that Guotai Junan Group took the lead in launching structured notes linked to virtual asset spot exchange-traded funds (ETFs) in the Hong Kong market, adding new elements to diversified products and services. It also actively responded to the new Capital Investor Entry Scheme (CIES) launched by the Hong Kong government. Guotai Junan said tha...
Hong Kong stocks of Chinese securities companies rose in the afternoon, Haitong Securities (06837.HK) rose more than 10%, Guotai Junan (02611.HK) rose more than 6%, Guolian Securities (01456.HK), Oriental Securities (03958.HK) and other stocks rose.
On June 14th, the class A share brokerage sector rose rapidly in the afternoon, and Haitong Securities once hit the daily limit. Recently, there were rumors in the market that Guotai Junan and Haitong Securities would merge. In this regard, the reporter called Haitong Securities as an investor, and the relevant person said that the company has no relevant plans at present. The reporter also called Guotai Junan many times, but was not connected. It is worth noting that both companies are headquar...
On May 20, Guotai Junan Securities released a research report saying that the current policy efforts will help improve the fundamental expectations of real estate, and follow-up attention will be paid to the use of fiscal means and the promotion of local "trade-in". It is expected that the purchase and storage of new houses will reduce the inventory of real estate enterprises to a satisfactory level within 6 months, which may require 2.60 trillion-4.40 trillion of funds, while the original price...
Guotai Junan International (01788.HK) announced that it is the first to launch virtual asset spot ETF-based structured products in the Hong Kong market. As a virtual currency spot ETF distributor in Hong Kong, the company now supports investors to purchase listed virtual asset ETF products and provides customers with a new way to invest in virtual asset ETF stock-linked notes (ELNs).