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Everbright Securities Said Set to Buy Sun Hung Kai Brokerage

Traders Magazine Online News, February 2, 2015

Cathy Chan and Jonathan Browning

Everbright Securities Co., China’s eighth- biggest brokerage, is nearing an agreement to buy control of Sun Hung Kai & Co.’s securities and wealth-management businesses for about $500 million, people with knowledge of the matter said.

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