Huatai Securities announced on the evening of April 25 that the company plans to sell all 508.738 million common shares of AssetMark Financial Holdings, Inc. held by Huatai International Investment, a wholly-owned overseas subsidiary of the company, through a direct agreement, accounting for about 68.4% of the common shares already issued by AssetMark. All common shares of AssetMark held by Huatai International Investment will be sold at a consolidated consideration of US$35.25 per share, and Huatai Securities will receive approximately US$1,793 million in cash based on Huatai International Investment's share of AssetMark's shares. Once the transaction is completed, AssetMark Securities will be delisted and deregistered from the NYSE. The transaction helped the company achieve a higher return on investment.

Huatai Securities announced on the evening of April 25 that the company plans to sell all 508.738 million common shares of AssetMark Financial Holdings, Inc. held by Huatai International Investment, a wholly-owned overseas subsidiary of the company, through a direct agreement, accounting for about 68.4% of the common shares already issued by AssetMark. All common shares of AssetMark held by Huatai International Investment will be sold at a consolidated consideration of US$35.25 per share, and Huatai Securities will receive approximately US$1,793 million in cash based on Huatai International Investment's share of AssetMark's shares. Once the transaction is completed, AssetMark Securities will be delisted and deregistered from the NYSE. The transaction helped the company achieve a higher return on investment.