Sun Hung Kai & Co.

Sun Hung Kai & Co. Limited is a financial services firm with a focus on Greater China, specialising in Structured Finance and Consumer Finance.[1] The company has more than 200 branches and offices across Hong Kong and Mainland China. It holds a significant strategic investment in Sun Hun Kai Financial Limited in Hong Kong. The company is controlled by Lee Seng Huang. It had about HK$14.9 billion in shareholders’ equity as of 31 December 2014. Sun Hung Kai & Co. and Sun Hung Kai Properties carry the common name “Sun Hung Kai”, which reflects a shared heritage. Yet they are two different entities with totally separate shareholders and management.

Not to be confused with Sun Hung Kai Properties.

Sun Hung Kai & Co. Limited
新鴻基有限公司
TypeListed company
SEHK: 86
IndustryFinancial Services
Founded1969
FounderMr. Fung King Hey
Mr. Kwok Tak Seng
Mr. Lee Shau Kee
Headquarters
Hong Kong
,
People's Republic of China
Area served
Hong Kong
Key people
Chairman: Mr. Lee Seng Huang
ParentAllied Properties (H.K.) Limited
Websiteshkco.com
Sun Hung Kai & Co.
Traditional Chinese新鴻基有限公司
Simplified Chinese新鸿基有限公司

History

Sun Hung Kai & Co. was established in 1969 by Fung King Hey, Kwok Tak Seng and Lee Shau Kee. It was listed on the Hong Kong Stock Exchange in 1983. In 1996, the company was acquired from the Fung family[2] by Allied Properties (HK) Limited, a subsidiary of Allied Group Limited, an investment holding company which manages property investment and provides financial services.[3] In 2006, Sun Hung Kai & Co. Limited entered the consumer finance business by acquiring UAF Holdings Limited.[4]

References
  1. https://www.bloomberg.com/quote/86:HK
  2. History of Sun Hung Kai & Co. Limited. Shkco.com (1 December 2011).
  3. Allied Group Limited. alliedgroup.com.hk.
  4. http://www.scmp.com/article/552922/sun-hung-kai-4b-buyout-ua-finance
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.