Group 1 - The company, Seven Yuan Investment (01660), plans to acquire 100% of the issued share capital of Legend Arb Advisors Limited for a consideration not exceeding HKD 10 million [1] - Legend Arb Advisors Limited is primarily engaged in asset management and securities consulting, holding licenses from the Hong Kong Securities and Futures Commission to conduct regulated activities [1] - As of June 30, 2025, the net assets of the target company were approximately HKD 4.3 million [1] Group 2 - The board believes that this acquisition provides a low-cost entry point for the group into the financial services industry and helps in building a diversified financial platform [1] - The asset management company operates an open-end fund in Hong Kong, managing assets of approximately HKD 27 million and has a history of about 4 years [1] - The fund holds a Qualified Foreign Institutional Investor (QFII) license, allowing direct investment in the mainland Chinese market, which is expected to enhance the company's ability to offer distinctive product services to potential clients [1]

Core Viewpoint - Seven Yuan Investment (01660) plans to acquire 100% of the issued share capital of Legend Arb Advisors Limited for a consideration not exceeding HKD 10 million, aiming to enter the financial services sector and diversify its financial platform [1] Group 1: Acquisition Details - The acquisition is set to take place on December 23, 2025, and the target company is engaged in asset management and securities consulting, holding licenses from the Hong Kong Securities and Futures Commission [1] - As of June 30, 2025, the net assets of the asset management company are approximately HKD 4.3 million [1] Group 2: Business Operations - The target company operates an open-end fund in Hong Kong, managing assets totaling around HKD 27 million, with a history of approximately 4 years [1] - The fund holds a Qualified Foreign Institutional Investor (QFII) license, allowing direct investment in the mainland Chinese market, which is expected to enhance the company's ability to offer distinctive product services to potential clients [1]

Group 1 - The core point of the article is that Qiyuan Investment (01660) is experiencing a decline in stock price following its name change and announcement of a proposed acquisition of Donghui Securities [1] - As of the report, Qiyuan Investment's stock has dropped over 6%, currently trading at 0.58 HKD with a transaction volume of 12.22 million HKD [1] - The company plans to acquire 100% of Donghui Securities, which is primarily engaged in brokerage and trading services for Hong Kong-listed securities, and has a net asset value of approximately 5.3 million HKD as of June 30, 2025 [1] Group 2 - The board believes that the macro support from government policies indicates a positive outlook for the financial services industry in Hong Kong [1] - The acquisition is seen as a low-cost entry point for the group into the financial services sector, aiming to develop into a diversified financial platform [1] - The board considers the proposed acquisition to be in the overall interest of the company and its shareholders [1]

Core Viewpoint - Seven Yuan Investment (01660) has experienced a decline of over 6%, currently trading at 0.58 HKD with a transaction volume of 12.22 million HKD, following the announcement of its name change and acquisition plans [1] Group 1: Company Developments - The company has changed its Chinese stock name to "Seven Yuan Investment," effective from November 14 at 9 AM [1] - Seven Yuan Investment plans to acquire 100% of Donghui Securities, which primarily engages in brokerage and trading of Hong Kong-listed securities and is licensed by the Hong Kong Securities and Futures Commission [1] - As of June 30, 2025, Donghui Securities is expected to have a net asset value of approximately 5.3 million HKD [1] Group 2: Strategic Rationale - The board believes that the macro support from government policies indicates a positive outlook for the financial services industry in Hong Kong [1] - The acquisition of the securities company is seen as a low-cost entry point for the group into the financial services sector, aiming to develop into a diversified financial platform [1] - The board considers the proposed acquisition to be in the overall interest of the company and its shareholders [1]