Popular on TelAve
- FirstFruits Farms and Opal Partner with the Junior Basketball League to Empower Youth Through Nutrition and Sport
- Introducing AX USP 3.0: Axiros' Latest Advancement in TR-369/USP Technology
- Peachtree Immediate Care Opens Two New Locations in December
- Webinar Announcement: Navigating the New Investment Adviser AML Mandate: What Steps Should Investment Advisers Be Taking Now?
- Industry-Changing Multi-Benefit Service Platform for Technology Systems & AI Smart Devices Drives; 218% Revenue Growth for Tekumo: Stock Symbol: TKMO
- Somebody's Husband by Robbi Renee Earns Early Acclaim for Its Powerful Exploration of Love, Loss, and Healing
- OmegaBrand Introduces New Thermal Transfer Ribbons for Honeywell PC45t Printers
- Texas Center For Oral Surgery & Dental Implants Launches Redesigned Website to Enhance Patient Experience
- New Age of Law Firm Website Design
- Stan Fitzgerald: A Profile in Resilience and Leadership with VFAF Veterans for America First Organizational Support for a Presidential Pardon
Similar on TelAve
- Comp-U-Floor ERP to Showcase All-in-One Flooring Software at TISE 2025
- "Cannabis Industry Dream Team" Launches GreenFlow Systems to Revolutionize Manufacturing Standards
- Pawganja Token: Redefining Cryptocurrency with Transparency and Philanthropy
- Investor Workshop at Mar-A-Lago, $27 Million for Acquisitions and Drug Treatment of Suicidal Depression: NRx Pharmaceuticals, Inc. (Stock S: NRXP)
- LIB: A master of ingenuity in the field of custom test chambers, unlocking unlimited possibilities!
- PRP Aviation Earns Prestigious "Platinum Cirrus Training Center" Designation
- Inframark Acquires Cornerstone Properties, Inc., Expanding Community Management Services in Arizona
- NaturismRE Introduces Global Accreditation Standards to Redefine Nudist and Naturist Venues
- Enhancing Campus Safety for Women: The Blue Luna's New Initiative
- SCOPY.ME - Revolutionizes Business Strategy Development with AI-Powered Platform
Gray Financial Capital to Acquire Sapporo Capital: A Strategic Merger to Reinforce Asia-Pacific Offshore Financial Services
TelAve News/10802948
Gray Financial Capital, a leading offshore clearing firm based in Hong Kong, announces the successful acquisition of Tokyo-based Sapporo Capital. This monumental merger is set to significantly reshape the landscape of offshore investment advisory services in the Asia-Pacific region.
CENTRAL DISTRICT, Hong Kong - TelAve -- Strategic Alignment for Growth
Gray Financial Capital has long been a dominant player in offshore clearing for smaller brokerages and financial advisors across the Asia-Pacific region. With over $5 billion under management, the firm's acquisition of Sapporo Capital—a boutique investment firm specializing in offshore investment advisory services for high-net-worth clients in Asia with $1 billion under management—marks a significant milestone.
Leadership and Governance
Steven Tsang will continue to helm the integrated entity as its CEO. "We are thrilled to combine forces with Sapporo Capital," said Steven Tsang. "This merger allows us to expand our client base and focus on high-growth strategies, aiming for a 200% year-over-year growth in client accounts for the next three years."
More on TelAve News
Regulatory Approval and Transition
While some regulatory challenges are expected within the Hong Kong regulatory system, both firms are confident that the approval will be obtained swiftly. The target date for complete integration of services, technologies, and staffing is set for October 31, 2023.
Staffing and Company Culture
The merger will result in a reduction of 75% of Sapporo Capital's current staff as part of the integration process. Gray Financial Capital is committed to a smooth transition and will provide support for affected employees.
Client Relations and Contractual Obligations
All existing contracts and transactions under Sapporo Capital will be settled or transitioned to Gray Financial Capital accounts. Clients will be informed of these changes and how it will affect their portfolios.
About Gray Financial Capital
Gray Financial Capital is a Hong Kong-based offshore clearing firm with over $5 billion under management, primarily serving smaller brokerages and financial advisors in the Asia-Pacific region.
More on TelAve News
For More Information click here or Contact:
Media Relations
Gray Financial Capital
Email: media.relations@grayfinancialcapital.com
Phone: +852 800906376
Gray Financial Capital has long been a dominant player in offshore clearing for smaller brokerages and financial advisors across the Asia-Pacific region. With over $5 billion under management, the firm's acquisition of Sapporo Capital—a boutique investment firm specializing in offshore investment advisory services for high-net-worth clients in Asia with $1 billion under management—marks a significant milestone.
Leadership and Governance
Steven Tsang will continue to helm the integrated entity as its CEO. "We are thrilled to combine forces with Sapporo Capital," said Steven Tsang. "This merger allows us to expand our client base and focus on high-growth strategies, aiming for a 200% year-over-year growth in client accounts for the next three years."
More on TelAve News
- The Best Places to Go in Mexico in 2025
- Nayarit: Mexico's Best-Kept Secret for Fall and Winter Getaways in 2025
- LIB: A master of ingenuity in the field of custom test chambers, unlocking unlimited possibilities!
- PRP Aviation Earns Prestigious "Platinum Cirrus Training Center" Designation
- Cyrus Webb and Conversations Media Group Providing New Opportunities for Authors and Creatives to Shine and Thrive
Regulatory Approval and Transition
While some regulatory challenges are expected within the Hong Kong regulatory system, both firms are confident that the approval will be obtained swiftly. The target date for complete integration of services, technologies, and staffing is set for October 31, 2023.
Staffing and Company Culture
The merger will result in a reduction of 75% of Sapporo Capital's current staff as part of the integration process. Gray Financial Capital is committed to a smooth transition and will provide support for affected employees.
Client Relations and Contractual Obligations
All existing contracts and transactions under Sapporo Capital will be settled or transitioned to Gray Financial Capital accounts. Clients will be informed of these changes and how it will affect their portfolios.
About Gray Financial Capital
Gray Financial Capital is a Hong Kong-based offshore clearing firm with over $5 billion under management, primarily serving smaller brokerages and financial advisors in the Asia-Pacific region.
More on TelAve News
- Inframark Acquires Cornerstone Properties, Inc., Expanding Community Management Services in Arizona
- Alyrica Networks Approved as Oregon Lifeline Provider, Offering Affordable High-Speed Internet to Low-Income Households
- Transform Warehouse Operations: Redefining Logistics with Customized Solutions
- NaturismRE Introduces Global Accreditation Standards to Redefine Nudist and Naturist Venues
- Enhancing Campus Safety for Women: The Blue Luna's New Initiative
For More Information click here or Contact:
Media Relations
Gray Financial Capital
Email: media.relations@grayfinancialcapital.com
Phone: +852 800906376
Source: Gray Financial Capital
0 Comments
Latest on TelAve News
- Agreement for $27 Million in Funding for Expanding Clinic Acquisitions and Operations,: NRx Pharmaceuticals, Inc. Stock Symbol: NRXP)
- Author and Speaker El-Hajj Maurice Crawford Shabazz Releases New Book
- Newly formed Dave Aronberg Law taps Assistant U.S. Attorney Emily M. Walters as Partner
- USA Green Card Defends the Green Card Lottery as Vital to Opportunity and Diversity
- Watchdog Reviews Milestones in Exposing Psychiatric Human Rights Abuses in 2024
- The Nashville International Chopin Piano Competition Announces Its Second Edition
- Avoid the Quitter's Day Trap this January 10th by Adopting an Ingenious Method Used by Basketball Legend LeBron James: Wear an "I Promise" Wristband
- The Trends Journal's Top Trends of 2025
- Acmeware and Interlace Health Join Forces to Revolutionize Downtime Solutions
- Banner Year For Special Request Ft Rey T, Hunter, Korrosive and MRE Entertainment LLC
- Cyntexa Joins the ServiceNow Consulting and Implementation Partner Program to Envision, Build, and Deploy Meaningful Experiences
- Pawganja Token: Redefining Crypto and Community, One Block at a Time
- Acquisition of Kadima Neuropsychiatry Institute for CNS & Psychedelic Research Planned; New Drug Application for Suicidal Depression Treatment: $NRXP
- Nola Blue Records signs legendary Maria Muldaur and estimable Candice Ivory
- TP Transcription & University of Salford Awarded £290k of UK Government Funding
- CourierDocuments.com Launches to Provide Unbeatable Rates for International Document Delivery
- Introducing the CodyMD Crypto Plan
- The National Black Pre-Law Conference Recently Celebrated Its 20th Anniversary, Marking Two Decades of Empowerment for Aspiring Black Lawyers
- New Age of Law Firm Website Design
- New Drug Application to the FDA for the Treatment of Suicidal Depression that Affects 13+ Million Americans Each Year: NRx Pharma: Stock Symbol:NRXP