Zheshang Securities Co., Ltd.

Equities

601878

CNE100002R65

Investment Banking & Brokerage Services

End-of-day quote Shanghai S.E. Other stock markets 23:00:00 27/06/2024 BST			5-day change	1st Jan Change
10.72 ^CNY	+0.28%		-5.55%	+2.78%

06-10	Zhejiang Expressway’s Subsidiary to Purchase Further 7.4159% Equity in Guodu Securities	MT
06-08	Zheshang Securities Co., Ltd. agreed to acquire 5.95% stake in Guodu Securities Co.,Ltd. from Tongfang Innovation Investment Co., Ltd. for CNY 910 million.	CI

Zheshang Securities Co., Ltd. agreed to acquire 5.95% stake in Guodu Securities Co.,Ltd. from Tongfang Innovation Investment Co., Ltd. for CNY 910 million.

June 07, 2024

Zheshang Securities Co., Ltd. (SHSE:601878) agreed to acquire 5.95% stake in Guodu Securities Co.,Ltd. from Tongfang Innovation Investment (Shenzhen) Co., Ltd. for CNY 910 million on June 7, 2024. As of June 8, 2024, deal has been approved by the board of Tongfang Innovation Investment.

Latest news about Zheshang Securities Co., Ltd.

Zhejiang Expressway’s Subsidiary to Purchase Further 7.4159% Equity in Guodu Securities	06-10	MT
Zheshang Securities Co., Ltd. agreed to acquire 5.95% stake in Guodu Securities Co.,Ltd. from Tongfang Innovation Investment Co., Ltd. for CNY 910 million.	06-07	CI
Zheshang Securities to Up Stake in Securities Brokerage	05-28	MT
Zheshang Securities Co., Ltd. entered into the equity transfer agreement to acquire 7.6933% stake in Guodu Securities Co.,Ltd. from Guohua Energy Investment Co., Ltd. for CNY 1 billion.	05-26	CI
Zheshang Securities Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	04-29	CI
Zheshang Securities' 2023 Profit Jumps 6% as Operating Income Rises 5%	04-11	MT
Hong Kong Shares Rise on Buyback Optimism	04-10	MT
Zhejiang Expressway's Unit to Acquire Over 19% Stake in Asset Manager	04-02	MT
Zheshang Securities Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	03-25	CI
Zheshang Securities Co., Ltd. agreed to acquire 3.3089% stake in Guodu Securities Co.,Ltd. from Shenzhen Yuanwei Investment Co., Ltd. for approximately CNY 520 million.	12-29	CI
Zheshang Securities Co., Ltd. agreed to acquire 2.6289% stake in Guodu Securities Co.,Ltd. from Shenzhen Zhongjun Investment Co., Ltd. for approximately CNY 410 million.	12-29	CI
Zheshang Securities Co., Ltd. agreed to acquire 3.7736% stake in Guodu Securities Co.,Ltd. from Chongqing Jiahong Shengxin Trading Co., Ltd. for approximately CNY 590 million.	12-29	CI
Zheshang Securities Co., Ltd. agreed to acquire 4.717% stake in Guodu Securities Co.,Ltd. from Tianjin Chongxin Technology Development Co., Ltd. for approximately CNY 740 million.	12-29	CI
Zheshang Securities Co., Ltd. signed the share transfer framework agreement to acquire 4.717% stake in Guodu Securities Co.,Ltd. from group of sellers.	12-29	CI
Zheshang Securities Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2023	29/10/23	CI
Tranche Update on Zheshang Securities Co., Ltd.'s Equity Buyback Plan announced on October 21, 2022.	01/09/23	CI
Zheshang Securities Co., Ltd.'s Equity Buyback announced on October 21, 2022 has closed with 38,781,600 shares, representing 1% for CNY 405.11 million.	30/08/23	CI
EMEA Morning Briefing : Stocks Could Lose Ground in Wait for U.S., China Inflation	08/08/23	DJ
Zheshang Securities Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023	18/07/23	CI
Tranche Update on Zheshang Securities Co., Ltd.'s Equity Buyback Plan announced on October 21, 2022.	04/07/23	CI
Zheshang Securities Appoints President	07/06/23	MT
China may cut rates further in H2, government researcher says	06/06/23	RE
Zheshang Securities Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	27/04/23	CI
Zhejiang Securities to Provide Underwriting Services for Affiliate's Shenzhen IPO	07/04/23	MT
Zheshang Securities Co., Ltd. and Haitong Securities Co., Ltd. Enter into Underwriting Agreement with ZJIC	06/04/23	CI

Chart Zheshang Securities Co., Ltd.

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Company Profile

Zheshang Securities Co., Ltd. specialized in financial services. The group's activity is organised around 4 poles: - asset management; - financial investment and securities advisory services; - securities brokerage services; - investment bank.

Sector

Investment Banking & Brokerage Services

Calendar

20/08/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for Zheshang Securities Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

10.72 CNY

Average target price

12.21 CNY

Spread / Average Target

+13.90%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Brokerage Services

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Brokerage Services