Hong Kong Alpha Group Limited announced that it will receive HKD 388,680,000 in an equity round of funding on August 26, 2016. The transaction will include participation from returning investor Alpha Group (SZSE:002292) who will acquire additional 25.057053% stake in the company. The company will continue to be wholly owned by the investor. The registered capital of the company will increase from HKD 50 to HKD 1,551,180,000. The transaction was approved at the 2nd meeting of the 4th directorate of the investor and is not subject to its shareholders’ approval. The company reported total assets of CNY 796,815,284.65 (HKD 951,435,000), total liabilities of CNY 191,341,847.02 (HKD 1,136,060,000), net assets of CNY 605,473,437.63 (HKD 722,964,000), revenue of CNY 5,730,143.52 (HKD 6,842,060), total profit of CNY -8,812,912.63 (HKD 10,523,000), and net profit of CNY -8,817,707.66 (HKD 10,528,800) for the year ended December 31, 2015. The conversion was made through www.oanda.com on December 31, 2015.