Everbright Securities announced on the evening of February 2 that on February 1, Everbright Securities Financial Holdings Limited, a wholly-owned Hong Kong subsidiary of the company, and Sun Hung Kai Limited signed a sale and purchase agreement, and Guangzheng Financial Holdings will acquire 7% of its shares in Sun Hung Kai Financial Group Co., Ltd. for HK$ 4.95 billion according to the agreed terms and conditions of the agreement. The company's stock will resume trading on February 3.

According to the announcement, Sun Hung Kai Financial Group holds Sun Hung Kai Financial Co., Ltd., and its business scope includes brokerage business (mainly including stocks and futures), wealth management, margin financing, asset management, capital market sales, data research and leveraged foreign exchange trading.

According to the agreement, before the delivery date, Sun Hung Kai will divest 11 subsidiaries of the target company from the current enterprise structure chart, and the 11 companies to be divested are mainly companies that are not related to the securities business, such as some target companies' shareholding companies, companies used for holding operations, and banks. The book net asset value of 11 subsidiaries is now HK$ 36 million.