Huili Group opened up by more than 6% and was subscribed for some shares by Guangfa Securities.

Xinhua News Agency, June 2, 00806.HK Group (00806.HK) rose 6.38% as of press time. According to last night's announcement, Guangfa Holdings (Hong Kong) Co., Ltd., a wholly-owned subsidiary of Guangfa Securities, intends to purchase no more than 20.20% of the shares of Hui Li Group at a total consideration of less than RMB 1 billion; as of the date of disclosure of this announcement, the parties to this transaction have signed an equity purchase agreement. In addition, Weili Group is one of the largest independent asset management companies in Asia.