Sun Hung Kai Financial
 | |
| Industry | Financial institution |
|---|---|
| Founded | 1969 |
| Headquarters | Hong Kong, People's Republic of China |
Key people |
William Leung Wing Cheung (Chief Executive Officer) Joseph Tong Tang (Chief Executive Officer, Capital Markets and Institutional Brokerage) Kevin Tai Yiu Kuen (Chief Operating Officer, Wealth Management & Brokerage) |
| Services | Wealth Management & Brokerage, and Capital Markets |
Number of employees | about 1,000 (as of Sep. 2012) |
| Parent | Sun Hung Kai & Co. Limited |
| Divisions |
SHK Private SHK Direct |
| Website | http://www.shkf.com/ |
About SHKF
Sun Hung Kai Financial Limited ("SHKFL"),[1] with its foundation dating back to 1969, is a wholly owned subsidiary of Sun Hung Kai & Co. Limited (Stock Code: 86). Founded by Fung King Hey, Kwok Tak Seng and Lee Shau Kee, Sun Hung Kai & Co. Limited is now controlled by Lee Seng Huang after the acquisition of Fung King Hey family’s equity interest in the company by Allied Properties (H.K.) Limited in 1996. Sun Hung Kai & Co. Limited and Sun Hung Kai Properties, are common in their names which reflect a shared heritage but are two different entities with totally separate shareholders and management.
Operating under the Sun Hung Kai Financial ("SHKF") brand as well as the SHK Private and SHK Direct sub-brands, SHKFL has two core business segments which are Wealth Management and Brokerage, and Capital Markets. They offer customised financial solutions for retail, corporate and institutional clients. 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 over HK$84.7 billion* in assets under management, custody and/or advice. (*Figures as of 31 December 2014)
Today, SHKF is creating wealth for customers with its Independent Wealth Manager Infra-structure and wide range of products.
Corporate Milestones
1969 Sun Hung Kai & Co. is formed by Mr. Fung King Hey, Mr. Kwok Tak Seng and Mr. Lee Shau Kee.
1973 Sun Hung Kai Securities Limited ("SHKS") is incorporated.
1983 Sun Hung Kai & Co. Limited is formed and listed on The Stock Exchange of Hong Kong Limited (“SEHK”).
1991 Sun Hung Kai Investment Services Limited ("SHKIS") becomes one of the first underwriters and approved overseas agents for the Shanghai and Shenzhen Stock Exchanges.
1993 SHKIS is approved as a B-share seat holder of the Shanghai and Shenzhen Stock Exchanges.
1996 Allied Properties (H.K.) Limited via its wholly owned subsidiary, acquires the Fung family's equity interest in the Company.
1997 SHKIS is approved as a Foreign Share Broker and Lead Underwriter by the China Securities Regulatory Commission.
2000 SHKOnline.com launches and is among the first batch of brokers offering straight-through internet-based order processing.
2002 The Company diversifies its operations by establishing wealth management and alternative investment businesses.
2010 The Group forges new strategic alliances with major industry leaders CVC Capital Partners and Macquarie FX Investments Pty Limited.
2011 SHK Private is established to provide customised wealth management services to high-net-worth clients. Strengthening this innovation, SHKF forms a strategic alliance with Look's Asset Management Limited. SHKS renames as Sun Hung Kai Financial Limited effective 1 December 2011, aligning its corporate name with its SHKF brand.