Sun Hung Kai to sell 70 per cent stake in brokerage unit to Everbright Securities

Sun Hung Kai & Co (SHKCO), one of Hong Kong’s leading financial companies, is going to sell a 70 per cent stake in its wholly-owned Sun Hung Kai Financial Group to mainland China’s eighth-largest brokerage, Everbright Securities, for HK$41 billion, it said in an annou

via South China Morning Post - Business feed http://ift.tt/1D5gpqW