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Guotai Junan Securities Co., Ltd. (508021.SS)

Shanghai - Shanghai Delayed price. Currency in CNY
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4.5100+0.0050 (+0.11%)
At close: 02:59PM CST
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Previous close4.5050
Open4.5150
Bid4.5100 x N/A
Ask4.5160 x N/A
Day's range4.4560 - 4.5490
52-week range3.7590 - 5.3570
Volume4,002,898
Avg. volume3,437,445
Market capN/A
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters

    Allianz aims to sell 49% stake in fund manager JV to Guotai

    German insurer Allianz said on Friday it has entered into definite agreements to sell its 49% stake in CPIC Fund Management Co. to Chinese investment bank Guotai Junan Securities. The transaction will unwind a tie-up dating back to 2003, when Allianz entered into the joint venture that was the first Sino-foreign fund management in the nation. Now, China has opened its asset management market to greater ownership by foreigners, and Allianz said the sale was in line with its strategy "to focus on its fully owned asset management activities in China".