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Sun Hung Kai & Co. Limited Reports Robust 2024 Financial Performance Amid Strategic Growth

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Sun Hung Kai & Co. Limited Reports Robust 2024 Financial Performance Amid Strategic Growth

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An announcement from Sun Hung Kai & Co. Limited ( (HK:0086) ) is now available.

Sun Hung Kai & Co. Limited reported strong financial performance in 2024, driven by its strategic business transformation and growth in its Funds Management platform, Sun Hung Kai Capital Partners, which saw assets under management double to US$2.0 billion. The company’s disciplined approach in investment management and credit business solidified its market position, with notable gains in hedge funds and consumer finance, and a significant reduction in Medium-Term Note exposure, enhancing capital efficiency and strategic derisking.

More about Sun Hung Kai & Co. Limited

Sun Hung Kai & Co. Limited operates in the financial services industry, focusing on investment management and consumer finance. The company leverages its internal and external investment capabilities to benefit third-party investors, with a strong presence in Hong Kong’s Consumer Finance industry and a diversified alternatives investment portfolio.

YTD Price Performance: 5.00%

Average Trading Volume: 8,266

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €685.3M

For detailed information about 0086 stock, go to TipRanks’ Stock Analysis page.

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