Sun Hung Kai Financial

Sun Hung Kai Financial Limited
新鴻基金融集團
Industry Financial institution
Founded 1969
Headquarters Hong Kong, People's Republic of China
Key people
William Leung Wing Cheung (Chief Executive Officer)
Services Wealth Management & Brokerage, and Capital Markets
Number of employees
about 750 (as of January 2015)
Parent Everbright Securities Company Limited 70%
Sun Hung Kai & Co. Limited 30%
Divisions SHK Private
SHK Direct
Website http://www.shkf.com/

Sun Hung Kai Financial Limited (SHKFL),[1] is a 70%-owned subsidiary of Everbright Securities Company Limited (SSE: 601788, “Everbright Securities”).[2] With its foundation dating back to 1969 when Fung King Hey, Kwok Tak Seng and Lee Shau Kee teamed up to start the Sun Hung Kai partnership, SHKFL was a wholly owned subsidiary of Sun Hung Kai & Co. Limited (SEHK: 86, “SHKCO”). SHKCO is chaired by Lee Seng Huang and controlled by the Lee & Lee Trust following the acquisition of the Fung family’s equity interest in the company by Allied Properties (H.K.) Limited via its wholly owned subsidiary in 1996. In June 2015, Everbright Securities acquired 70% of SHKFL from SHKCO, making SHKFL a subsidiary of Everbright Securities since then. SHKCO remains a 30% shareholder of SHKFL.

Sun Hung Kai Financial Limited, Sun Hung Kai & Co. Limited and Sun Hung Kai Properties, though all bearing the name “Sun Hung Kai”, which reflects a shared heritage, are three distinct corporate groups with different controlling shareholders structure and management.

SHKFL operates under the Sun Hung Kai Financial ("SHKF") brand and the SHK Direct and SHK Private sub-brands. With its two core business segments: Wealth Management and Brokerage, and Capital Markets, SHKFL provides financial services for retail, corporate and institutional clients.

SHKFL has presence in Hong Kong, Macau and Mainland China. SHKFL, through its subsidiaries, currently has about HK$82 billion* in assets under management, custody and/or advice. (*As of 31 March 2016)

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