Seven Elements to Acquire Asset Management Firm

MT Newswires Live

2025/12/24

Seven Elements Investment (HKG:1660) agreed to acquire asset management firm Legend Arb Advisors for up to HK$10 million, according to a Hong Kong bourse filing Tuesday.

Shares of the machinery leasing firm gained over 2% in morning trade Wednesday.

Seven Elements said the acquisition would provide a "low investment cost entry point" for the firm to enter the financial services industry.

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