There are three major considerations behind the merger of Guotai Junan and Haitong Securities.

Jinshi data news on September 5th, Guotai Junan and Haitong Securities are considering three major factors behind the merger. First, Shanghai urgently needs to build an international investment bank to support the construction of the Shanghai International Financial Center. Second, this merger will help complement each other's advantages and enhance core functions. Third, this merger will help optimize the layout of Shanghai's financial state-owned assets and strengthen, improve and expand state-owned capital.

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