FAST NEWS: Guotai Junan to merge with Haitong to create new leading brokerage
The Latest: Guotai Junan Securities Co. Ltd. (2611.HK; 601211.SH) announced Thursday it plans to merge with Haitong Securities Co. Ltd. (6837.HK; 600837.SH) via a share swap, while Guotai Junan will…
Haitong International gets set to bow from the Hong Kong Stock Exchange
Haitong Securities has launched a privatization bid for its international unit, offering more than double its last trading price Key Takeaways: Haitong Securities has offered to privatize Haitong International for…
Early CICC Backer Trims Stake as Profit Shrinks for First Time in Six Years
Haier, which once owned about 10% of China’s oldest western-style investment bank, disclosed it has cut its stake to 6.32% Key Takeaways:Appliance giant Haier has cut its longtime stake in…
