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GTHT Reportedly Looking at Privatization of HAITONG UT, Seeking to Integrate Overseas Biz
2026-08-13 15:57:46 After announcing plans to privatize GUOTAI JUNAN I (01788.HK), GTHT (02611.HK) is looking at the consolidation of its overseas business and considering the privatization of another subsidiary, HAITONG UT (01905.HK), Bloomberg, citing sources, reported. Privatizing HAITONG UT should help GTHT more easily integrate overlapping overseas divisions into a single listed company and better wrestle with major Wall Street firms, sources divulged. HAITONG UT mainly engages in financial leasing, purchasing physical assets and leasing them to multiple industries. The company was listed in Hong Kong in 2019. Its share price last mounted 3.77% to HKD0.825. ~ AASTOCKS Financial News Website: www.aastocks.com | |