Orient Securities and Shanghai Securities are planning a merger and reorganization. After the merger, total assets are expected to exceed 600 billion yuan, placing the company among the top ten in the industry.

Cailian Press reported on April 19 (reporter Wang Yuling) that in the afternoon of April 19, Orient Securities A-share announced a trading suspension due to significant matters under planning. The company stated it is considering acquiring 100% equity of Shanghai Securities through issuing A-shares and cash payment. Orient Securities' A-shares will be suspended from trading starting at the opening of the market on April 20, with an estimated suspension period not exceeding 10 trading days. The registered capital of Shanghai Securities is RMB 53.27 billion, of which Bailian Group Co., Ltd. holds 50% equity, Guotai Haitong Securities Co., Ltd. holds 24.99%, and Shanghai International Group Investment Co., Ltd. holds 16.33%.

cls.cn15:46

Express News | Nearly 20 A-share listed companies disclosed the latest announcements on mergers and acquisitions this week. Orient Securities plans to acquire 100% of Shanghai Securities and will suspend trading starting tomorrow.

Breakings20:42

Breaking! A 75 billion yuan securities firm's stock is planning to acquire Shanghai Securities | Post-market announcements summary

Today's Focus [Orient Securities: Plans to Acquire 100% Equity of Shanghai Securities, Trading to Halt Tomorrow] Orient Securities (600958.SH) announced that the company is planning to acquire 100% equity of Shanghai Securities Co., Ltd. through the issuance of A-shares and cash payment. Given the uncertainty of this matter, in order to protect the interests of investors and avoid abnormal fluctuations in stock prices, the company’s A-shares will be suspended from trading starting April 20th. The expected suspension period will not exceed 10 trading days. [Liyuan Information: Q1 Net Profit Increased by 241% Year-on-Year; AI Business Such as Optical Modules and Liquid Cooling Significantly Boosted Due to Continuous Surge in Downstream Demand]

cls.cn18:29

Orient Securities (03958.HK): Plans to Acquire 100% Equity of Shanghai Securities; A-Share Trading Suspended Starting April 20

On April 19, Orient Securities (03958.HK) announced that the company is planning to acquire 100% of the equity in Shanghai Securities Co., Ltd. (the "Target Company") through the issuance of Renminbi ordinary shares (A-shares) and cash payments (the "Proposed Transaction"). On April 19, 2026, the company entered into separate agreements with the shareholders of the Target Company, namely Bailian Group Co., Ltd. ("Bailian Group"), Shanghai International Group Investment Co., Ltd. ("Shanghai International Group Investment"), Shanghai International Group Co., Ltd. ("Shanghai International Group"), and Shanghai Chengtou (Group) Co., Ltd. ("Shanghai Chengtou Group").

Gelonghui Finance18:11

Express News | Orient Securities: Plans to Acquire 100% Equity of Shanghai Securities

Breakings15:32

DFZQ: 2025 Annual Report

HKEXApr 16 16:30 · Announcements