Haitong Securities, both total assets and net assets will surpass CITIC Securities and rank first in the industry; after Guolian Securities acquires Minsheng Securities, the strength of each business line will be enhanced and its market ranking will rise accordingly.
But at the same time, mergers and acquisitions are also a complex process. After the merger, whether the two securities firms can achieve effective integration in terms of business, institutions, personnel, etc. and achieve the expected result of "1+1>2" still remains uncertain.
Overnight U. stocks reversed 12.19 | The Federal Reserve cut interest indonesia phone number list rates as expected, but hinted that the pace of rate cuts would slow down. The three major stock indexes closed down collectively, and the Dow Jones Industrial Average recorded its longest losing streak in 50 years.
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Last night, the three major U. stock indices closed lower. The Federal Reserve cut interest rates as expected, but hinted that the pace of rate cuts would slow down. The Dow Jones Industrial Average recorded its longest losing streak in 50 years. As of the close, the Dow Jones Industrial Average fell 2.58%, the Nasdaq fell 3.56%, and the S&P fell 2.95%. The yield on the 10year U. Treasury bond rose 2.749% to close at 4.522%, 16.1 basis points lower than the yield on the twoyear Treasury bond. The VIX index rose 74.04% to 27.62, and Brent crude oil closed down 0.63% to 72.85. Spot gold fell 2.29% yesterday to $2,585.82 an ounce. The US dollar index rose 1.22% yesterday to 108.25.