Sunwah Kingsway Capital Holdings Limited (HKEx: 188) celebrated its 21st anniversary on 23 November 2011 in Hong Kong.
About 400 prominent guests from the financial and business sectors attended the reception. The event was graced with distinguished officiating guests including Mr. Li Gui Kang, Deputy Director of the Liaison Office of the Central People's Government (“LOCPG”) in Hong Kong; Professor KC Chan, Secretary for Financial Services and the Treasury; Mr. Gregory So, Secretary for Commerce and Economic Development; and Dr. Eddy Fong, Chairman of the Securities and Futures Commission. Consuls General from more then 10 countries also attended the reception.
20 Years of Capital Markets Excellence
Sunwah Kingsway has undergone a name change from “SW Kingsway Capital Holdings Limited” to “Sunwah Kingsway Capital Holdings Limited” to better align with Sunwah Kingsway’s international business strategy and leverage the global goodwill of its controlling shareholder, Sunwah Group, a diversified conglomerate with established business networks in China as well as globally.
Founded in 1990, Hong Kong-based Sunwah Kingsway has made significant development since its early days as a local securities firm. “Over the last 20 years, the company has expanded its operations through hard work and determination, strong leadership and dedicated client service. This has resulted in Sunwah Kingsway’s current status as a leading local brokerage firm and a respected middle market financial services provider with a global reach and vision,” said Dr. Jonathan Choi, Chairman of Sunwah Kingsway at the reception. The Group has been growing during times of economic stability, while proving its ability to withstand periods of market uncertainty, he noted.
As one of the few brokerage firms in Hong Kong which are licensed to trade in China B shares, Sunwah Kingsway assists many institutional industry players to invest in the China equity market. Demonstrating its capability for excellence, Sunwah Kingsway is routinely a top contender for the “Best Local Brokerage in Hong Kong” ranking in the Asiamoney Brokers Poll, and has been placed in the top three for this honour during the last six years.
Dr. Choi said, “Hong Kong enjoys solid support from Mainland China, the world’s most dynamic economy. But Hong Kong also has its own unique strengths which are why it has become a major international business and financial centre. Given the growing prosperity of Mainland China and the key roles that Hong Kong will play as an asset management and offshore RMB centre, the financial markets here in Hong Kong are set to further prosper. Sunwah Kingsway is strategically well-positioned to capitalize on this increased activity and in so doing to contribute to the development of Hong Kong’s financial markets.”
Donation to Research on The Role of HK in the Internationalization of RMB
As an expression of its support for the continuous development of Hong Kong as a leading financial centre, the Group has donated HK$200,000 to the Chinese University of Hong Kong for a research project on “The Role of Hong Kong in the Internationalization of the RMB.” This will be a joint project involving Sunwah Kingsway, the Chinese University of Hong Kong and the Tsinghua University of Beijing. At the donation ceremony, Dr. Jonathan Choi and Mr. Michael Choi, Chief Executive Officer of Sunwah Kingsway, presented the cheque to Professor KC Chan and Professor Joseph Sung, Vice-Chancellor and President of the Chinese University of Hong Kong.
Speaking at the reception, Mr. Michael Choi said Sunwah Kingsway would continue to strive for greater growth and offer high quality financial services that lead the industry. He added, “A key element of our growth strategy involves further enhancing our business development efforts and building our corporate finance business by actively identifying small-to-medium enterprises with solid growth potential. Sunwah Kingsway plans to grow alongside these enterprises by providing capital-raising channels to support their future development and innovative solutions to all their corporate finance needs.”
“Another element of our competitive edge is our foresight and commitment to innovation. Looking ahead, we will continue to leverage our competitive advantages to uncover and capitalize on new opportunities,” Mr. Choi concluded.
Photo above: Sunwah Kingsway’s directors and management join a toast with Guests of Honour.
Photo below: Mr. Michael Choi (first left), CEO of Sunwah Kingsway, Dr. Jonathan Choi (second left), Chairman of Sunwah Kingsway and Professor KC Chan (third left), Secretary for Financial Services and the Treasury together with Professor Joseph Sung, Vice-Chancellor and President of the Chinese University of Hong Kong at the cheque presentation ceremony to support a research project on “The Role of Hong Kong in the Internationalization of RMB.”