Jinwu Financial News | The Chinese brokerage sector rose in the short term in the afternoon. Some individual stocks reversed their decline. Everbright Securities (06178) rose 1.54%, Cathay Pacific Junan (02611) rose 1.37%, Haitong Securities (06837) rose 1.3%, CITIC Construction Investment Securities (06066) rose 1.12%, and CITIC Securities (06030) rose 0.88%.
According to the news, Guotai Junan and Haitong Securities jointly announced that the General Administration of Market Regulation has decided to centralize the anti-monopoly review of operators related to the proposed merger without further review, and that all necessary Chinese antitrust declarations submitted in connection with the proposed merger have been examined and approved. At the same time, the Shanghai State-owned Assets Administration Commission issued approval and agreed in principle to the overall plan for the proposed merger and proposed issuance.
