Guotai Haitong Securities Plans 9 Billion Yuan Capital Injection into Its Financial Holding Unit

Stock News06-04 17:50

Guotai Haitong Securities Co., Ltd. (SH: 601211) has announced a significant capital increase plan for its subsidiary.

The company's board of directors has approved a proposal to inject 9 billion Chinese yuan, or its equivalent in other currencies, into Guotai Haitong Financial Holding Co., Ltd.

This strategic investment is aimed at accelerating the firm's international business expansion and further cultivating its competitive edge in cross-border financial services.

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