Guotai Haitong Securities plans to privatise Guotai Junan International through a scheme of arrangement via its wholly-owned subsidiary Guotai Haitong Financial Holdings Limited, at a cancellation price of HK$3.00 per share, representing a premium of approximately 44.2% over the last closing price of HK$2.08 before suspension. This privatisation is the second Hong Kong-listed brokerage platform under Guotai Haitong to initiate delisting, following Haitong International's withdrawal in 2024, marking a substantive phase in the integration of its overseas businesses. Upon completion, Guotai Junan International will become a wholly-owned subsidiary of Guotai Haitong and delist from the Hong Kong Stock Exchange, with the required cash consideration in the order of tens of billions of Hong Kong dollars. Guotai Junan International reported total revenue of HK$6.23 billion and net profit after tax of HK$1.345 billion for 2025, representing year-on-year growth of 41% and 287% respectively, achieving its best-ever performance. The privatisation aims to resolve business overlap issues arising from the coexistence with Haitong International, enhance management efficiency, and consolidate overseas resources.
Guotai Junan International Holdings LtdPrivatisation offer at 44% premium to last close
Guotai Junan Securities Co LtdSubsidiary privatisation consolidates overseas business, may streamline operations
