HONG KONG: Hong Kong listed Taifook Securities said its takeover by Shanghai-listed Haitong Securities could be accomplished within the next two months, and Taifook expects the deal will create ...

China Construction Bank (CCB), the nation's second largest lender, is in talks to buy control of Taifook Securities, to give it a solid footing in Hong Kong's lucrative retail securities market ...

Taifook Securities Group Ltd. rose the most in 26 months in Hong Kong trading after saying its parent company may sell its stake. Taifook, a Hong Kong-based brokerage controlled by the family of ...

Taifook Securities Co. rose as much as 9 percent in Hong Kong trading after China’s Haitong Securities Co. agreed to buy a controlling stake for HK$1.82 billion ($235 million) in the brokerage ...

Shanghai-based Haitong Securities, the country's second-largest brokerage by market value after CITIC Securities, agreed to buy Hong Kong's Taifook Securities in a $234 million deal that could ...

Shanghai-listed Haitong Securities said yesterday it will buy a 52.86% stake in Taifook Securities from NWS Holdings for HK$1.82 billion ($235 million), triggering an open offer to Taifook's retail ...

HONG KONG, Nov 12 (Reuters) - NWS Holdings Ltd <0659.HK> said it is in talks to sell part or all of its interest in its brokerage arm Taifook Securities Group Ltd <0665.HK>, sending Taifook shares ...

HONG KONG, Nov 20 (Reuters) - Trading in shares of NWS Holdings Ltd <0659.HK> was suspended on Friday pending a statement relating to the sale of its interest in Taifook Securities <0665.HK>, the ...

HONG KONG — China's Haitong Securities Co. is in exclusive talks to buy Taifook Securities Group Ltd. from NWS Holdings Ltd. in a deal that values the Hong Kong brokerage at around US$450 ...

In November, Shanghai-based Haitong Securities Co. bought a 53 percent stake in Hong Kong’s Taifook Securities Group for HK$1.82 billion ($235 million). The deal made Haitong, which plans to use ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s Haitong Securities has become the first mainland brokerage to acquire an overseas rival after ...

Haitong took a controlling stake in Hong Kong's Taifook Securities last year in a deal analysts described as "expensive". The Shanghai-listed stockbroker paid HK$1.822 billion ($235 million) for a ...