United Asia Finance Limited(“UA Finance”or “UAF”)
UAF is a licensed money lender providing loans for individuals and businesses through branches and online platforms in Hong Kong and Mainland China. In recent years, UAF has been a pioneer in modern loan offerings, such as Faster Payment System (“FPS”) for loan disbursement, “No Show” loans with approvals solely completed by phone, and mobile applications.
Structured Finance (previously presented as "Private Credit")
This division provides tailored funding solutions to corporates, investment funds and high net worth individuals. The loan book has primary focus on Greater China markets, with all loans either secured with assets or other guarantees.
Sun Hung Kai Credit Limited ("SunHung Kai Credit" or “SHK Credit”)
Established in 2015, SHK Credit has a significant market presence in providing mortgage loans in Hong Kong.
In 2015, the Company established Investment Management division(formerly known as “Principal Investments”) which leverages the Group's expertise network and strong financial position to seek attractive risk-adjusted investment opportunities in Capital markets, Alternatives markets and Real Assets markets.
Includes the Company's internally managed APAC long/short strategy, direct equity holdings, our internally managed global credit strategy and cash. We actively manage all sub-portfolios, carefully using derivatives and hedging to increase returns and manage risk.
Alternatives include the Company's investments in externally managed private equity and hedge funds, as well as equity direct and co-investments. The portfolio seeks to maximise risk-adjusted returns and diversify exposure by industry and geography.
The Real Assets portfolio includes all the Group's real estate holdings in Hong Kong, the UK and Europe. Real Assets is a core strength of the Group and an area where we expect to grow our portfolio going forward.
This portfolio consists of our retained30% equity stake in Everbright Sun Hung Kai Company Limited (“EBSHK”) and a strategic interest in LSS Financial Leasing (Shanghai) Limited (“LSS Leasing”). EBSHK is a full-service financial institution that spans wealth management and brokerage, corporate finance and capital markets, asset management investment, and structured financing. In partnership with the Brilliance China Group and58.com, LSS Leasing connects financing to traditional and new transport models, from corporates to individual customers.
Group Management and Support(“GMS”)
This includes the Group's treasury and other assets, unallocated finance costs and Group services.