League of Nations Securities (01456) rose by more than 6% in the short term. As of press release, it rose 4.34% to HK$4.33, with a turnover of HK$83.4674 million.
The Zhitong Finance App learned that the League of Nations Securities (01456) rose by more than 6% in the short term. As of press release, it had risen 4.34% to HK$4.33, with a turnover of HK$83.4674 million.
According to the news, on April 25, Guolian Securities announced that the company is planning to acquire Minsheng Securities by issuing A-shares and will suspend trading for no more than 10 trading days from the opening of the market on April 26. At the same time, the company decided to terminate the previously ordered additions and withdraw the application.
Dongwu Securities believes that this announcement marks that the collaborative integration between the League of Nations and Minsheng has once again reached a new level. It is fully in line with the statement that leading institutions of supervision support to improve and become stronger through mergers, acquisitions and restructuring. It is expected that while significantly increasing its size, Guolian Securities will complement its advantages with Minsheng Securities.