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Guotai Haitong signs definitive deal to sell 24.99% stake in Shanghai Securities for RMB 6.28 billion

PUBT·07/27/2026 13:24:30
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Guotai Haitong signs definitive deal to sell 24.99% stake in Shanghai Securities for RMB 6.28 billion
  • Guotai Haitong agreed to sell its 24.99% stake in Shanghai Securities to DFZQ under a definitive agreement signed July 27, 2026.
  • Total consideration set at RMB 25.12 billion for 100% of Shanghai Securities, based on an appraised value of RMB 25.12 billion.
  • Settlement to vendors: RMB 23.55 billion via 2,288,629,735 DFZQ Consideration A Shares priced at RMB 10.29 each.
  • Guotai Haitong to receive RMB 1.57 billion cash, plus 457,481,668 Consideration A Shares.
  • Post-completion, Guotai Haitong will hold no direct interest in Shanghai Securities; its group stake in DFZQ expected to rise to about 4.96%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guotai Haitong Securities Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260727-12257976), on July 27, 2026, and is solely responsible for the information contained therein.