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Huatai Securities Finalizes AssetMark Share Disposal

Huatai Securities Co (HK:6886) has released an update.

Huatai Securities Co., Ltd. has successfully completed the sale of its entire stake in AssetMark Financial Holdings, Inc. as of September 5, 2024, in a transaction that has fetched a final consideration of US$1.793 billion. Following the closure of the deal, Huatai Securities no longer holds any shares in AssetMark, marking the end of its association with the financial holdings company.

For further insights into HK:6886 stock, check out TipRanks’ Stock Analysis page.

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