Smart Fish Wealthlink Holdings (139) Announces Stake Increase in CMBC Capital Holdings (1141)

Bulletin Express
Yesterday

Smart Fish Wealthlink Holdings Limited (139) disclosed that between 23 February 2025 and 23 February 2026, the group acquired an aggregate of 17.42 million shares of CMBC Capital Holdings Limited (1141) on the open market for approximately HK$26.46 million, excluding transaction costs. The average price per share was around HK$1.52, and the total consideration including transaction costs was approximately HK$26.50 million. These acquisitions represent about 1.59% of CMBC Capital’s issued share capital.

Following this purchase, Smart Fish Wealthlink Holdings Limited holds a total of 25.79 million CMBC Capital shares, equivalent to around 2.35% of CMBC Capital’s issued share capital. According to audited figures for CMBC Capital, the group had a net asset value of HK$1,252.70 million as at 31 December 2023 and HK$1,388.77 million as at 31 December 2024.

Smart Fish Wealthlink Holdings Limited is primarily engaged in securities dealing, financial investments, money lending, and short drama operations aided by AI technologies. The announcement highlights that the board foresees positive prospects for CMBC Capital, which operates in securities, investment and financing, and asset management and advisory. The acquired shares will be classified as financial assets at fair value through other comprehensive income.

The acquisitions have met the criteria for a discloseable transaction under Chapter 14 of the Listing Rules, prompting the company to make this announcement. The group also indicated the possibility of further acquisitions in CMBC Capital. Further disclosures will be made should these additional investments trigger a higher transaction classification.

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