On September 30th, Jinshi Data reported that the intermediary institution of Guotai Junan Securities' absorption and merger of Haitong Securities has been confirmed. The mainland institution is an investment bank institution in the Shanghai state-owned assets system, and has also hired an overseas investment bank to handle the absorption and merger of the Hong Kong branches of the two securities firms.
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The schedule for the selection of the intermediary institution, Guotai Junan and Haitong, for absorption and merger is approaching.
On September 30th, Jinshi Data reported that the intermediary institution of Guotai Junan Securities' absorption and merger of Haitong Securities has been confirmed. The mainland institution is an investment bank institution in the Shanghai state-owned assets system, and has also hired an overseas investment bank to handle the absorption and merger of the Hong Kong branches of the two securities firms.