HAITONG SECURITIES(Delisted) News

Guotai Junan Securities Completes H Share Exchange, Finalizes Merger With Haitong Securities

MT NewswiresMar 18 05:43 ET

HAITONG SEC: Maintains the PRADA "Outperform" rating with a fair value Range of 76.01-82.62 HKD.

HAITONG SEC released a Research Report stating that PRADA (01913) has shown strong performance growth since 2020, with EBIT margin reaching new highs, and the main brand maintaining a high level of popularity. The firm determines that as the effectiveness of direct stores continues to improve and the retail network is optimized and expanded, revenue scale will grow, and profitability is expected to further increase. The firm expects the net income attributable to the parent company for 2025-2027 to be 0.972/1.088/1.191 billion euros, representing year-on-year growth of 15.9%, 11.9%, and 9.5%; it assigns a PE valuation of 23-25X for 2025, converting at 1 euro = 8.7 HKD, corresponding to a reasonable price.

Sina Hong Kong StocksMar 16 23:45 ET

Latest progress on the merger and restructuring of GTJA and HAITONG SEC: the leader has been confirmed, and the new company name will be revealed soon.

GTJA and HAITONG SEC held a干部大会 to announce the personnel appointments for the newly established company, appointing Zhu Jian as the new party secretary and Li Junjie as the deputy party secretary.

Zhitong FinanceMar 14 02:09 ET

GTJA: Completed the A-share share swap and proposed issuance.

GTJA (02611) announced that GTJA Securities received a custody certificate issued by China Securities Depository and Clearing Corporation Limited on March 13, 2025, which states that the A-share swap was completed on March 13, 2025. 9.655 billion shares of HAITONG SEC A held by HAITONG SEC Shareholders have been exchanged for 5.986 billion shares of GTJA A according to the swap ratio. GTJA Securities has received the custody certificate, which states that 0.626 billion shares of placement A have been issued to subscribers according to the proposed issuance on March 13, 2025.

Sina Hong Kong StocksMar 13 20:26 ET

DJ Symbol for Haitong Securities Co. Ltd. (600837.SH) Now 601211.SH

Dow JonesMar 5 17:09 ET

Haitong Securities Announces Share Exchange and Revised Timeline

TipRanksFeb 28 08:11 ET

The listing status of HAITONG SEC in Hong Kong and the A-shares was revoked on March 4.

HAITONG SEC (06837) and GTJA (02611) jointly announced that HAITONG SEC has applied to the Hong Kong Stock Exchange, which has approved the withdrawal of HAITONG SEC's H shares from listing status on the Hong Kong Stock Exchange in accordance with Article 6.15(2) of the Hong Kong Listing Rules. The listing status of HAITONG SEC's H shares on the Hong Kong Stock Exchange is expected to be withdrawn starting from 9:00 AM on March 4, 2025 (Tuesday). HAITONG SEC has applied to the Shanghai Stock Exchange, which has approved the withdrawal of HAITONG SEC's A shares from listing status on the Shanghai Stock Exchange. The listing status of HAITONG SEC's A shares on the Shanghai Stock Exchange is expected to be withdrawn starting from March 4, 2025.

Sina Hong Kong Stock.Feb 25 19:19 ET

HAITONG SEC: Maintains XIAOMI-W "Outperform Market" rating, reasonable value 40.93-48.54 Hong Kong dollars.

HAITONG SEC released a research report stating that it maintains the "Outperform the Market" rating for XIAOMI-W (01810), predicting 98.2 billion yuan revenue for the Autos Business in 2025. It considers major leading companies in the domestic Electric Vehicles market as comparable companies, assigning a 2.5-3.0X PS for the Autos Business portion in 2025. Additionally, considering XIAOMI-W's total external investment of 67.1 billion yuan, it predicts the total market value range for XIAOMI-W to be 1027.6-1218.8 billion HKD, corresponding to a reasonable value range of 40.93-48.54 HKD. HAITONG SEC's main points are as follows: Revenue and profit both increase, entering the "full ecosystem of people, cars, and homes."

Sina Hong Kong Stock.Feb 11 20:57 ET

Haitong Securities to Halt Shares Amid Delisting, Merger

MT NewswiresFeb 4 21:53 ET

Haitong Securities Gets Nod to Amend Bond Terms Amid Merger With Guotai Junan

MT NewswiresJan 31 05:21 ET

Haitong Securities' Profit Warning Possibly Due to Pre-Merger Asset Disposals, S&P Says

MT NewswiresJan 27 05:35 ET

Haitong Securities Sees 2024 Loss CNY3.4B >600837.SH

Dow JonesJan 26 17:25 ET

Haitong Securities: Lower Income From Investment Banking Business Also Weighed on Results >600837.SH

Dow JonesJan 26 17:25 ET

Haitong Securities Expects to Swing to Loss for 2024>600837.SH

Dow JonesJan 26 17:25 ET

Haitong Securities: Significant Decline in Valuation of Overseas Financial Assets Hurt Results >600837.SH

Dow JonesJan 26 17:25 ET

Haitong Securities 2023 Net Was CNY1.01B>600837.SH

Dow JonesJan 26 17:25 ET

Haitong Securities Announces Major Asset Impairment and Write-off

TipRanksJan 24 09:08 ET

HAITONG SEC: Maintains a "Buy" rating for Ideal Autos-W with a fair value of HKD 104.95-112.45.

HAITONG SEC released a research report stating that it maintains the "Outperform" rating for Li Auto-W (02015), expecting the company's revenue for 2024/25/26 to be 145.1/205.2/248.7 billion yuan respectively, with Net income of 7.5/13.9/20.8 billion yuan respectively, and EPS of 3.54/6.57/9.78 yuan respectively. The reasonable value Range is 104.95-112.45 HKD. The main points from HAITONG SEC are as follows: Li Auto released its production and sales quick report for December 2024. The company delivered a total of 0.059 million new vehicles in December, a year-on-year increase of +16.2%, and a month-on-month increase of +20%.

Sina Hong Kong Stock.Jan 21 21:33 ET

Haitong Securities Announces Put Option Exercise and Share Exchange Timeline

TipRanksJan 21 08:37 ET

Haitong Securities, Guotai Junan Securities Merger Gets Regulatory Approval

MT NewswiresJan 19 20:55 ET