首例券商资管合并落地：“国泰+海通”规模近7000亿

Core Viewpoint - Guotai Haitong is undergoing a significant integration process, with Guotai Junan Asset Management absorbing Haitong Asset Management, marking a notable event in the domestic securities industry [1] Group 1: Integration Details - The board of Guotai Haitong has approved the merger plan, with Guotai Junan Asset Management changing its name to "Shanghai Guotai Haitong Securities Asset Management Co., Ltd." [1] - The merger involves key steps such as product migration and legal entity consolidation, with the latter to be implemented based on the progress of product migration [1] - This merger represents the first instance of a securities firm's asset management subsidiaries merging in China [1] Group 2: Asset Management Scale - Post-merger, the combined asset management scale of Guotai Junan and Haitong Asset Management is expected to approach 700 billion yuan [1] - As of the end of 2024, Guotai Junan's asset management scale is reported at 588.43 billion yuan, while Haitong's is at 106.98 billion yuan, totaling approximately 695.41 billion yuan [1] - Despite this growth, there remains a gap compared to the industry leader, CITIC Securities, which has an asset management scale of 1.54 trillion yuan [1] Group 3: Future Expectations - The integration of the asset management companies has raised expectations for the consolidation of other business units within Guotai Haitong [2]