Sun Hung Kai : Everbright Securities completes acquisition of 70% of Sun Hung Kai Financial Limited

[For immediate release] Everbright Securities completes acquisition of 70% of Sun Hung Kai Financial Limited Hong Kong, 2 June 2015 - Sun Hung Kai & Co. Limited ("SHKCO", SEHK: 86) and Everbright Securities Company Limited ("Everbright Securities", SSE: 601788) are pleased to announce that the sale and purchase of 70% equity interest in Sun Hung Kai Financial Limited ("SHKFL") has been completed, making SHKFL a 70%-owned subsidiary of Everbright Securities through the latter's wholly-owned subsidiary Everbright Securities Financial Holdings Limited. SHKCO remains a 30% shareholder of SHKFL. The consideration for the acquisition is approximately HK$4.1billion.

SHKFL, with its foundation dating back to 1969, has two core business segments, Wealth Management and Brokerage, and Capital Markets. The company has a staff force of about 800 across Hong Kong, Macau and Mainland China and had about HK$85 billion in client assets under management, custody and/or advice as of 31

December 2014.

Mr Xue Feng, Vice Chairman and President of Everbright Securities, said, "The completion of this transaction marks another milestone on our internationalisation roadmap. SHKFL's core strengths in wealth management and its strong operational platform, together with Everbright Securities' extensive network in Mainland China, will well place SHKFL for accelerated growth. I am also excited to see more career advancement opportunities for all the employees in this collaboration."

Mr Lee Seng Huang, Group Executive Chairman of SHKCO, said, "In line with our long-stated objective to seek a strategic partner to leverage our operating platform, this transaction gives SHKFL a unique opportunity to fully capitalise on the fast liberalising Chinese financial markets. The Everbright group is a leader in the Chinese financial industry and we are confident that SHKFL will be well positioned for growth with a partner of such calibre. We remain committed to this business and our retained 30% stake will allow us to participate in the growing wealth management industry."

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About Sun Hung Kai & Co. Limited

Sun Hung Kai & Co. Limited (the "Group") is a financial services firm with a focus on
Greater China.
Since its foundation in 1969, the Group has owned and operated market-leading businesses in financial services, striving to generate long-term value and capital growth for its shareholders. It specialises in Structured Finance and Consumer Finance with an

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extensive branch and office network in more than 200 locations across Hong Kong and Mainland China. The Group also maintains a significant strategic investment in its traditional Wealth Management and Brokerage business in Hong Kong. It follows an investment strategy that leverages its expertise to identify and invest in other financial services businesses.
The Group currently has about HK$14.9 billion* in shareholders' equity. For more information about Sun Hung Kai & Co. Limited (SEHK: 86), please visit its website at www.shkco.com.

*As of 31 December 2014

About Everbright Securities Financial Holdings Limited

Everbright Securities Company Limited ("Everbright Securities", SSE: 601788) is a large comprehensive securities company whose business scope covers all major areas of securities companies in Mainland China. The company's business scale and major business indicators are at the forefront of the industry and its comprehensiveness is ranked among the industry's top ten. The company operates a total of 151 securities operations, covering the Yangtze River Delta, Pearl River Delta and Bohai Economic Rim, spanning over 28 provinces, autonomous regions and municipalities.
Everbright Securities was founded in 1996. The company's parent company is China Everbright Group Corporation. Everbright Securities is a national comprehensive shareholding company and is one of the first three pilot companies approved by the China Securities Regulatory Commission. It is principally engaged in securities brokerage, securities investment advisory, securities transaction and investment related financial advisory services, securities underwriting and sponsoring, proprietary securities trading, intermediary services for futures companies, agent distribution of securities investment funds, margin businesses, consignment of financial products and other China Securities Regulatory Commission-approved businesses. In addition, the company is involved in asset management, direct investments, futures, fund management, strategic investments, lease financing and Hong Kong securities business through its wholly-owned companies and subsidiaries. Net assets attributable to
shareholders of the listed company are RMB 25.8 billion** . For more information, please
visit the official website of Everbright Securities at http://www.ebscn.com.

**As of 31 December 2014

For enquiries, please contact:

Sun Hung Kai & Co. Limited

Nancy Chen	(852) 3920 2823	[e-mail]
Juliana Chan	(852) 3920 2511	[e-mail]
Maggie Chan	(852) 3920 2513	[e-mail]

Everbright Securities Company Limited

Jennifer Zhang	(86) 021-22169959	[e-mail]
Lei Zhao	(86) 021-22169915	[e-mail]

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