DL to acquire remaining 55% stake in DL Family Office for $64m.

DL, a financial firm that offers wealth management, capital marketing, real estate investment, and banking services, agreed to acquire remaining 55% stake in DL Family Office, a one-stop financial services group headquartered in Hong Kong with offices in Shanghai, San Francisco and Singapore for $64m. Since the commencement of the acquisition in 2021, DL has acquired 45% of DL Family Office in a year and a half, then announced the complete acquisition half a year later. The swift acquisition progress demonstrates the rapid development and significant profits of family office business, which contribute to increased income and profits of the listed Company, the scale of asset under management (AUM), the number of customers and the extended service scope.