Haitong Securities Aktie (A1JRCS)

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Guotai, Haitong Securities Shares Soar as Trading Resumes

Shares of Guotai Junan Securities Co. and Haitong Securities Co. surged when they resumed trading after unveiling the terms of their proposed merger to create a state-backed...

China Detains Investment Bankers, Takes Passports in Sweep

At least three top investment bankers from different securities firms have been detained by Chinese authorities since August. Haitong Securities and other state-backed brokerages...

Blockbuster Chinese Merger Plan Sends Uninvolved Stock Soaring

A small Chinese brokerage has emerged as an unlikely winner from the merger plan of industry leaders Guotai Junan Securities Co. and Haitong Securities Co., thanks to its...

China To Take On Wall Street With Guotai-Haitong Merger

China is combining two of its largest state-backed brokerages, as it looks to compete with overseas financial firms. Guotai Junan Securities will merge with its rival Haitong...