中金公司拟吸收合并东兴证券信达证券

Core Viewpoint - The announcement from CICC, Dongxing Securities, and Xinda Securities indicates a planned merger through a share exchange, aiming to enhance the capabilities and resources of the combined entity, thereby supporting the development of a first-class investment bank and contributing to the high-quality growth of the securities industry [1] Group 1: Merger Details - CICC is planning to issue A-shares to all A-share shareholders of Dongxing Securities and Xinda Securities as part of the merger process [1] - The three companies have announced a trading suspension starting November 20, with an expected duration of no more than 25 trading days to ensure fair information disclosure and protect investor interests [1] Group 2: Strategic Goals - The merger is expected to accelerate the construction of a leading investment bank and support financial market reforms [1] - The integration aims to achieve economies of scale and synergies, enhancing the quality and effectiveness of services provided to national strategies and the real economy, while also improving shareholder returns [1]