CICC: Dongxing Securities and Cinda Securities to Delist on October 19

36Kr reports that CICC announced its plan to absorb Dongxing Securities and Cinda Securities through a share-for-share merger via the issuance of A-shares. Both companies have received approval from the Shanghai Stock Exchange to delist and will cease trading on October 19 without entering a delisting consolidation period. Following delisting, shares held by original shareholders will be converted into CICC A-shares according to the exchange ratio.