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HSBC completed the acquisition of an additional 39% stake in HSBC Qianhai Securities from Qianhai Securities for $194m.

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Service Providers

Hsbc

financial advisors

Hsbc

or

Principals

HSBC HOLDINGS PLC

bidder

HSBC HOLDINGS PLC

HSBC CHINA SECURITIES BROKERAGE

target

HSBC CHINA SECURITIES BROKERAGE

QIANHAI SECURITIES

vendor

QIANHAI SECURITIES

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