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CITIC SEC Elevates ~6% as Mkt Guess of Merger with CSC Heats Up
Recommend 5 Positive 16 Negative 9 |
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The recent merger expectation of CITIC SEC (06030.HK) and CSC (06066.HK) attracted attention, while the exchange of the two companies' general managers also became the focus of the market, according to 21st Century Business Herald. CITIC SEC opened 1.18% higher before its incline widened today (4th), and last printed at $22.5, elevating 5.88%. CSC last printed at $10.16, swelling 7.51%. At present, the chairmen of the two brokers are approaching retirement age. Recently, it has been rumored that the general managers of the two brokers are likely to be appointed from each other's firms instead of being promoted internally. AAStocks Financial News |
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