Everbright Sun Hung Kai, formerly known as Sun Hung Kai Financial, is a subsidiary of

Everbright Securities Company Limited Everbright Securities Company Limited is a securities brokerage by assets in China, controlled by state-owned financial conglomerate, China Everbright Group. It was founded in 1996 and is based in Shanghai. It was listed on the Shanghai Stoc ...

that provides financial services for retail, corporate, and institutional clients. It was founded in 1969 by

Fung King Hey Fung King Hey (1922–1985), was a Hong Kong businessman. He was born in Guangzhou, mainland China. He is the co-founder of Hong Kong-based Sun Hung Kai & Co. and was reputed as "King of securities world" and "Godfather of the stock market". H ...

Kwok Tak Seng Kwok Tak-seng OBE (12 March 1911 – 30 October 1990) was a Hong Kong businessman. He was the founder of Sun Hung Kai Properties, one of the major property developers in Hong Kong. Early life Kwok was born in Macau. The ancestral home of the ...

and

Lee Shau Kee Lee Shau-kee GBM (; born 7 March 1928 in Shunde, Guangdong, China) is a Hong Kong business magnate, investor, and philanthropist. He is a real estate tycoon and majority owner of Henderson Land Development, a property conglomerate with inter ...

. The company operates under the Sun Hung Kai Financial brand and the SHK Direct and SHK Private sub-brands and has a presence in Hong Kong, Macau and Mainland China. Through its subsidiaries, the company had about HK$105 billion in assets under management, custody, or advice as of 30 September 2017.

History

*1969 Sun Hung Kai & Co. is formed by

, and

. *1973 Sun Hung Kai Securities Limited is incorporated. *1983 Sun Hung Kai & Co. is listed on the

Hong Kong stock exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...

. *1991 Sun Hung Kai Investment Services Limited becomes one of the first underwriters and approved overseas agents for the Shanghai and Shenzhen Stock Exchanges. *1993 Sun Hung Kai Investment Services is approved as a B-share seat holder of the Shanghai and Shenzhen Stock Exchanges. *1996 Allied Properties (H.K.) Limited acquires the Fung family's equity interest in the company. *1997 Sun Hung Kai Investment Services is approved as a Foreign Share Broker and Lead Underwriter by the China Securities Regulatory Commission. *2000 SHK Direct launches, offering straight-through internet-based order processing. *2002 The Company diversifies its operations by establishing wealth management and alternative investment businesses. *2010 The Group forms alliances with CVC Capital Partners and Macquarie FX Investments Pty Limited. *2011 Sun Hung Kai Private is established as a wealth management service. Sun Hung Kai Financial forms a strategic alliance with Look's Asset Management Limited. *2015 In June, Everbright Securities completes acquisition of a 70% stake in Sun Hung Kai Financial through its Hong Kong subsidiary Everbright Securities Financial Holding Limited. *2017 In December, Sun Hung Kai Financial is officially renamed as Everbright Sun Hung Kai.

References

* {{cite web, url=https://www.institutionalassetmanager.co.uk/2017/12/18/259449/sun-hung-kai-financial-limited-rebrands-everbright-sun-hung-kai-company-limited , title=Sun Hung Kai Financial Limited rebrands as Everbright Sun Hung Kai Company Limited , website=institutionalassetmanager.co.uk , date=2017-12-18 , access-date=2021-04-20 Financial services companies of Hong Kong Investment banks in Hong Kong Sun Hung Kai Properties Financial services companies established in 1969 1969 establishments in Hong Kong Companies listed on the Hong Kong Stock Exchange