CICC says audit work remains unfinished for its share-swap merger plan with Dongxing Securities and Cinda Securities

Reuters03-13 17:22
CICC says audit work remains unfinished for its share-swap merger plan with <a href="https://laohu8.com/S/601198">Dongxing Securities</a> and <a href="https://laohu8.com/S/601059">Cinda Securities</a>

CICC is planning a share-swap merger to absorb Dongxing Securities and Xinda Securities by issuing A-shares to each company’s A-share swap shareholders. The companies are still advancing transaction work, and the audit and related procedures have not yet been completed. After the work is completed, CICC plans to convene another board meeting to review the transaction-related proposals. The transaction remains subject to approvals by the boards and shareholders of the merging parties, as well as relevant regulatory clearances.

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. CICC - China International Capital Corporation Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260313-12051323), on March 13, 2026, and is solely responsible for the information contained therein.

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