Taifook sold to PRC securities company

    | BY

    clpstaff &clp articles

    NWS Holdings, a subsidiary of Hong Kong conglomerate New World Development Company, has sold a controlling interest in Taifook Securities Group to Hai…

    NWS Holdings, a subsidiary of Hong Kong conglomerate New World Development Company, has sold a controlling interest in Taifook Securities Group to Hai Tong (HK) Financial Holdings for HK$1.82 billion (US$234.84 million).

    This premium content is reserved for
    China Law & Practice Subscribers.

    • A database of over 3,000 essential documents including key PRC legislation translated into English
    • A choice of newsletters to alert you to changes affecting your business including sector specific updates
    • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
    For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]