The Latest Breaking News from Minsheng Securities

Guolian Group Bids $1.3 Billion to Win Oceanwide’s Brokerage Stake

Wuxi-backed parent of Guolian Securities to pay 55% over asking price for 30.3% of Minsheng Securities after 162 rounds of bidding

Caixin Global · Mar 15, 2023

Three Bidders Fight for Minsheng Securities’ Shares in Auction

As debt-laden Oceanwide Holdings offers 30% Minsheng stake for $827 million to cover a $291 million default, bidders include Soochow Securities and Zheshang Securities

Caixin Global · Mar 14, 2023