CAMEO+ eventCORPORATE2026-04-19馃嚚馃嚦

China to merge brokerages to create US$86 billion asset unit

source: Orient Securities -> target: Shanghai Securities

On 2026-04-19, Orient Securities announced plans to acquire a 100% stake in Shanghai Securities through a mix of A-share issuance and cash. The merger would create a brokerage with about US$86 billion in assets, according to the filing with the Shanghai Stock Exchange. The deal is part of China's ongoing consolidation of its state-backed brokerage sector.

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