Cinda Securities Co. Ltd. ACinda Securities is being acquired by CICC via share swap, with CSRC accepting the application, indicating progress towards a premium acquisition.
Dongxing Securities announced that the company, together with CICC and Cinda Securities, plans for CICC to absorb and merge Dongxing Securities and Cinda Securities through a share swap. Recently, the China Securities Regulatory Commission has accepted the administrative license application related to this transaction in accordance with the law. This transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and approved by the CSRC, and there is uncertainty as to whether it can be implemented.
Cinda Securities Co. Ltd. ACinda Securities is being acquired by CICC via share swap, with CSRC accepting the application, indicating progress towards a premium acquisition.
Dongxing Sec Co LtdDongxing Securities is being acquired by CICC via share swap, with CSRC accepting the application, indicating progress towards a premium acquisition.
China International Capital Corp LtdCICC is the acquirer in the merger with Dongxing and Cinda Securities, with CSRC accepting the application, indicating progress in expanding its business.