From forging a path into Mainland China more than 20 years ago and being a first mover in offering a comprehensive online service platform more than 10 years ago, Sun Hung Kai & Co. Limited has a history of leading the field. We understand the needs and expectations of our customers deeply as they are in the centre of what we do. This propels our business forward, opening new doors and new opportunities across sectors and markets.
2015 A leap aligned
Everbright Securities Company Limited acquired 70% of the Company's wholly-owned subsidiary Sun Hung Kai Financial Group Limited, a leap aligned with the Company's long stated strategy to gain greater access to the fast-developing wealth management sector in Mainland China. The Company retains a 30% stake in Sun Hung Kai Financial Group Limited.
The Group further expanded its portfolio of finance businesses. Sun Hung Kai Credit Limited was established to develop the Group’s Mortgage Loan business in Hong Kong. The Group invested in a new joint venture in Shanghai, LSS Financial Leasing, which provides car finance leasing services.
The Group executed a series of key initiatives in Mainland China, with alliances formed with internet finance firms with as Dianrong.dom, Souyidai.com and 58.com. A loan marketing and guarantee business was also established through an alliance with China Everbright Bank.
SHKS was renamed as Sun Hung Kai Financial Limited on 1 December 2011 to align the corporate name with its Sun Hung Kai Financial brand. SHK Private, a signature account under Sun Hung Kai Financial, was established to provide customised wealth management services to high-net-worth clients.
The Group formed strategic alliances with CVC Capital Partners which became a substantial shareholder of the Company.
Mr LEE Seng Huang took the office of Executive Chairman and led the transformation of the brokerage business into a comprehensive wealth management platform.
UA Finance secured its first small loan license to operate in Shenzhen and commenced its business in the Mainland China
The Group entered the consumer finance area by acquiring a majority stake in UAF Holdings Limited after which its shareholding in UA Finance reached 58%.
Allied Properties (HK) Limited, via its wholly-owned subsidiary, acquired the Fung family's equity interest in the Company. In the subsequent years, SHKIS continued its growth. It was approved as a Foreign Share Broker and Lead Underwriter by the China Securities Regulatory Commission. In Hong Kong, it was also one of the pioneers of online stock trading.
The Group started its footprints in Mainland China as Sun Hung Kai Investment Services Limited ("SHKIS") became one of the first underwriters and approved overseas agents in the Shanghai and Shenzhen Stock Exchanges. Subsequently, B-share seats were awarded.
Sun Hung Kai & Co. Limited (the "Company") was formed and listed on the Hong Kong Stock Exchange.
Sun Hung Kai & Co. was formed by Mr Fung King Hey, Mr Kwok Tak Seng and Mr Lee Shau Kee. In 1973, Sun Hung Kai Securities Limited (“SHKS”, later renamed Sun Hung Kai Financial) was incorporated.