# Orient Securities plans to acquire a 100 per cent stake in Shanghai Securities.

*fintech · news · 2026-04-20 · The Straits Times*

## Key points

- Orient Securities will acquire 100% of Shanghai Securities via A-share issuance and cash combination.
- The merged entity will have approximately 583 billion yuan in assets after completion.
- Both Shenergy Group and Bailian Group, key stakeholders, are fully owned by Shanghai's state-assets administrator.
- China's securities regulator aims to create two to three globally competitive banks by 2035.

**Companies:** Orient Securities, Shanghai Securities, Guotai Junan Securities, Haitong Securities, China International Capital
**Countries:** China

[Read the full story on The Straits Times](https://www.straitstimes.com/business/banking/china-to-form-another-mega-brokerage-with-109-billion-in-assets-to-take-on-wall-street-giants)

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