Han Kun's Hong Kong Associate Law Firm represented FDT Capital Limited in its acquisition of a full-service Hong Kong securities firm
2016-08-26
Han Kun's Hong Kong Associate Law Firm has represented FDT Capital Limited, a subsidiary of FDT, in its acquisition of a securities firm holding several types of Securities and Futures Commission ("SFC") regulated activity licenses after the approval from SFC. In addition to regular securities trading, the target company conducts securities margin financing and manages discretionary account for clients.
FDT is a FinTech company with a core financial business and specializes in nurturing global talents, dealing in securities and wealth management with a presence in Hong Kong and major cities of China. The acquisition could consolidate and enhance the overall competitiveness of FDT in the financial market, marking a milestone for its globalizing strategy.
The legal services provided by Han Kun's Hong Kong Associate Law Firm include analyzing the deal structure and the associated legal issues, conducting due diligence on the target company, drafting and reviewing the documents submitted to SFC as well as the share purchase agreement and related transaction documents, participating in negotiations, completing transaction closings, and providing general legal advice regarding the acquisition.