---
title: "Orient Securities Plans to Acquire Shanghai Securities Amid Consolidation Push"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283310353.md"
description: "Orient Securities plans to acquire 100% of Shanghai Securities as part of a consolidation effort in China's brokerage industry. The acquisition will involve cash and share issuance, with details to be finalized. Trading of Orient Securities' Shanghai-listed shares will be halted for up to 10 days. This move aligns with Chinese authorities' goal to develop globally competitive securities firms, aiming to establish two to three leading brokerages by 2035. Recent mergers in the industry include Guotai Junan and Haitong Securities, as well as Guolian Securities and Minsheng Securities."
datetime: "2026-04-20T07:35:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283310353.md)
  - [en](https://longbridge.com/en/news/283310353.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283310353.md)
---

# Orient Securities Plans to Acquire Shanghai Securities Amid Consolidation Push

By Jiahui Huang

Orient Securities plans to acquire an unlisted peer amid an ongoing push by Chinese authorities to cultivate globally competitive securities firms.

Shanghai-based Orient Securities said Sunday that it plans to acquire 100% of Shanghai Securities via cash and the issuance of shares. It added that the parties involved plan to determine the structure, consideration and other terms of the proposed acquisition.

Orient Securities said its Shanghai-listed shares would be in trading halt starting Monday for up to 10 trading days. The Hong Kong-listed shares fell 0.5% in Monday afternoon trading.

Chinese authorities have sought to encourage consolidation in the brokerage industry, with ambitions of building two to three world-leading brokerages by 2035.

Last year, two of China's biggest brokerages, Guotai Junan and Haitong Securities, completed their merger, creating Guotai Haitong. Smaller rivals Guolian Securities and Minsheng Securities merged in 2024.

Write to Jiahui Huang at jiahui.huang@wsj.com

(END) Dow Jones Newswires

April 20, 2026 03:21 ET (07:21 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

### Related Stocks

- [03958.HK](https://longbridge.com/en/quote/03958.HK.md)
- [600958.CN](https://longbridge.com/en/quote/600958.CN.md)
- [159842.CN](https://longbridge.com/en/quote/159842.CN.md)
- [512000.CN](https://longbridge.com/en/quote/512000.CN.md)
- [512070.CN](https://longbridge.com/en/quote/512070.CN.md)
- [512880.CN](https://longbridge.com/en/quote/512880.CN.md)

## Related News & Research

- [Orient Securities Plans Full Acquisition of Shanghai Securities via Share Issue and Cash](https://longbridge.com/en/news/285404300.md)
- [HSBC tells workers not to resist AI changes](https://longbridge.com/en/news/287094017.md)
- [Benton Closes Private Placement | BNTRF Stock News](https://longbridge.com/en/news/286964512.md)
- [Transaction in Own Shares | EDVMF Stock News](https://longbridge.com/en/news/286720826.md)
- [Investeringsforeningen Nykredit Invest Balance suspender handel med udvalgte afdelinger](https://longbridge.com/en/news/286877547.md)