News summary
Regulators encourage innovation and mergers and acquisitions by leading securities firmscrashboombangdyinglightHowever, the rumors of the merger of Guotai Junan and Haitong Securities are false, and the speculation of market mergers and acquisitions is only groundless.
Newsletter text
[Rumors of the merger of Guotai Junan (601211) and Haitong Securities (600837) are self-defeating] Recent rumors of the merger of Guotai Junan Securities and Haitong Securities circulating in the market have been confirmed to be false news. Against the background of regulatory authorities advocating that top securities firms enhance their competitiveness through business innovation and internal integration, speculation similar to mergers and acquisitions has become the focus of market discussions many times.
