CICC share-swap merger with Dongxing Securities and Cinda Securities set for review on August 27

M&A · Partnership
โดย 央广财经·CN·Read original
Summary · why it matters

The share-swap merger of CICC with Dongxing Securities and Cinda Securities will be reviewed by the Shanghai Stock Exchange's M&A and Restructuring Review Committee on August 27. CICC announced on August 20 that it plans to issue A-shares to all A-share shareholders of Dongxing Securities and Cinda Securities in exchange for absorbing and merging the two firms. The Shanghai Stock Exchange's M&A and Restructuring Review Committee is scheduled to hold a review meeting on August 27 to examine the transaction.

Impact on stocks 3

Others · 3 stocks
Cinda Securities Co. Ltd. A
601059
▲ PositiveCapitalrelevance

Cinda Securities is being acquired by CICC in a share-swap merger, which is a positive capital event for its shareholders.

Dongxing Sec Co Ltd
601198
▲ PositiveCapitalrelevance

Dongxing Securities is being acquired by CICC in a share-swap merger, which is a positive capital event for its shareholders.