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The First Chinese Broker Cleared for Crypto in Hong Kong Is Going Private

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Guotai Haitong Securities offered on Friday to take its Hong Kong-listed arm private, valuing the unit at HK$28.6 billion (about $3.6 billion). The price is HK$3.00 a share in cash, a 44.2% premium to the last close before the stock was hal…

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Finance Magnates 1h ago

The First Chinese Broker Cleared for Crypto in Hong Kong Is Going Private

Guotai Haitong Securities offered on Friday to take its Hong Kong-listed arm private, valuing the unit at HK$28.6 billion (about $3.6 billion). The price is HK$3.00 a share in cash, a 44.2% premium to the last close before the stock was hal…