信达证券：公司A股股票将于11月20日（星期四）开市时起开始停牌

Group 1 - The core point of the article is that Xinda Securities is planning a stock swap merger with China International Capital Corporation and Dongxing Securities, which will involve issuing A-shares to the shareholders of both companies [1] - Due to significant uncertainties regarding the merger, Xinda Securities has applied for a trading suspension of its A-shares starting from November 20, 2025, to ensure fair information disclosure and protect investor interests [1] - As of the report, Xinda Securities has a market capitalization of 57.7 billion yuan [1] Group 2 - For the first half of 2025, Xinda Securities' revenue composition is as follows: 40.14% from securities and futures brokerage, 36.49% from proprietary trading, 12.61% from asset management, 9.43% from other businesses, and 1.32% from investment banking [1]