Ma Xiaoqiu acquired a 50.28% stake in Carry Wealth Holdings Limited (SEHK:643 from Li Haifeng and for HKD 98.3 million on September 30, 2022. In a related transaction, Ma Xiaoqiu made an offer to acquire the remaining 49.72% stake in Carry Wealth Holdings Limited (SEHK:643) for HKD 97.21 million. VBG Capital Limited acted as financial advisor to Ma Xiaoqiu.

Ma Xiaoqiu completed the acquisition of a 50.28% stake in Carry Wealth Holdings Limited (SEHK:643 from Li Haifeng and on September 30, 2022.