According to Hong Kong’s takeover code, if the deal is approved by shareholders, Zhongtai Financial International will trigger a mandatory offer for all of Quali-Smart’s existing shares. Photo: Shutterstock
According to Hong Kong’s takeover code, if the deal is approved by shareholders, Zhongtai Financial International will trigger a mandatory offer for all of Quali-Smart’s existing shares. Photo: Shutterstock

China’s Zhongtai Securities pays US$270m for Hong Kong listing through Quali-Smart takeover

Proposed deal gives state-controlled broker access to international capital markets amid ongoing investigation by mainland regulator

According to Hong Kong’s takeover code, if the deal is approved by shareholders, Zhongtai Financial International will trigger a mandatory offer for all of Quali-Smart’s existing shares. Photo: Shutterstock
According to Hong Kong’s takeover code, if the deal is approved by shareholders, Zhongtai Financial International will trigger a mandatory offer for all of Quali-Smart’s existing shares. Photo: Shutterstock
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