Guolian: Maintain CHINAHONGQIAO 'Buy' rating, share buyback demonstrates confidence in development.

Guolian released a research report stating that it maintains a "Buy" rating for CHINAHONGQIAO (01378) and expects the company's Net income for 2024-2026 to be 22.317/26.042/27.076 billion yuan respectively. According to the share buyback authorization granted by the company's Shareholders during the annual general meeting on May 14, 2024, from January 15 to January 17, 2025, the company has repurchased 7.5965 million shares, accounting for 0.08% of the total share capital, with a highest Fill Price of 12 HKD/share and a lowest Fill Price of 11.26 HKD/share, regarding the share buyback.

Sina Hong Kong StocksJan 20 22:41 ET

Hong Kong stock movement | Guolian (01456) surged over 6% at the close, planning to rename as Guolian Minsheng. After the merger, the company's overall strength will be significantly enhanced.

Guolian Securities (01456) rose over 6% in the last hour of trading. As of the time of publication, it has increased by 5.8%, reaching 4.01 Hong Kong dollars, with a trading volume of 62.5656 million Hong Kong dollars.

Zhitong FinanceJan 14 02:52 ET

Guolian Securities Wants to Change Name; Shares Up 5%

MT NewswiresJan 14 02:42 ET

The reorganization has been implemented! Guolian Securities plans to change its name to Guolian Minsheng, which is expected to trigger a major market movement.

The merger and acquisition is progressing steadily.

Gelonghui FinanceJan 13 22:14 ET

Hong Kong stocks have shown unusual movement | China-Affiliated Brokerage stocks warmed up in the morning. Brokerage mergers and reorganizations may accelerate, and Institutions suggest that the brokerage performance forecast for 2024 may serve as a catal

China-Affiliated Brokerage stocks warmed up in the morning session. As of the time of writing, China Merchants (06099) rose by 4.07%, trading at 13.8 HKD; Guolian (01456) increased by 3.69%, trading at 3.93 HKD; GF SEC (01776) gained 2.56%, trading at 10.02 HKD; China Galaxy (06881) rose by 1.86%, trading at 6.56 HKD.

Zhitong FinanceJan 13 21:06 ET

Guolian Securities (01456) has nominated Gu Wei and Yang Zhenxing as candidates for non-executive Director.

Guolian Securities (01456) announced that the company's Board of Directors recently received non-executive directors Mr. Hua Weirong and Ms. Li Shuo...

Zhitong FinanceJan 13 07:18 ET