The Group’s assets are also invested across various financial services business which is complementary to our core loan and investment business. The two major affilates are:
Leading wealth management firm in Hong Kong, Sun Hung Kai Financial Limited (SHKFL) is now majority owned by Everbright Securities Company Limited. The Group has retained a significant 30% interest in the business.
Operating under the Sun Hung Kai Financial brand as well as the SHK Direct and SHK Private sub-brands, SHKFL has two core business segments, Wealth Management and Brokerage, and Capital Markets. It offers customised wealth management and investment solutions for retail, corporate and institutional clients. Backed by Everbright Securities, SHKFL provides greater access for Hong Kong and Mainland investors to a broad range of products and services.
SHKFL has an extensive branch and office network in Hong Kong, Macau and Mainland China, and offers a diversified financial trading platform to its customers. SHKFL, through its subsidiaries, currently has about HK$90.7 billion* in assets under management, custody and/or advice.
*As of 31 December 2016
LSS Financial Leasing (Shanghai) Co., Ltd is a 40% owned joint venture company of the Group, in partnership with Shanghai Shenhua Holdings (a unit of Brilliance Auto) and 58.com. LSS Leasing commenced business in 2016 and offers corporate and auto leasing products and services.
Our staff are the foundation of our success, and we want them to grow with us.