Dec 26 - Southwest Securities Will Merge Guodu Securities

Source: China Securities Journal, ChinaScope Financial (Data)

+   Southwest Securities (SSE: 600369) will merge and consolidate Guodu Securities with a share swap of 2.156:1. Given that the registered capital of Guodu Securities was CNY 2.62 billion at the end of 2010, 1.2 billion new shares will be added due to the merger.

+   After the restructuring, Southwest Securities will be the surviving entity, and all the assets, liabilities, businesses and employees of Guodu Securities will be merged into Southwest Securities.

+   Related Companies: Changjiang Securities (SZSE: 000783), Hong Yuan Securities (SZSE: 000562), Hong Yuan Securities (SSE: 601555), SouthWest Securities (SSE: 600369)

+   Related Data: Income, Investment Banking, Total Assets, Market Share

Southwest: reaches the level of middle and upper class after the merger.

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