Sun Hung Kai & Co. Ltd. announced its interim results for the first half of 2026
" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/43501163.md" description: "The first half of the year saw steady performance, with shareholders' attributable profit reaching HK$688 million. Sun Hung Kai & Co. Limited (Hong Kong Stock Code: 86) (the "Company" or "SHK", together with its subsidiaries collectively referred to as the "Group") today announced its interim results for the six months ended June 30, 2026. Despite global operational volatility driven by ongoing geopolitical turmoil, uncertain interest rate trends, and a narrow market rally in H1 2026, the Group maintained solid performance. As an alternative investment platform focused on proprietary capital, SHK is well-positioned to navigate market fluctuations..." datetime: "2026-08-20T02:41:04.000Z" locales: - [en](https://longbridge.com/en/topics/43501163.md) - [zh-CN](https://longbridge.com/zh-CN/topics/43501163.md) - [zh-HK](https://longbridge.com/zh-HK/topics/43501163.md) author: "[EQSgroup](https://longbridge.com/en/profiles/8003373.md)" generator: "portal-rs" --- #Sun Hung Kai & Co. Ltd. announced its interim results for the first half of 2026
**Solid H1 performance with shareholder-attributable profit reaching HK$688 million** # Sun Hung Kai & Co. Ltd. (Stock Code: 86 in Hong Kong) (the "Company", together with its subsidiaries, the "Group") today announced its interim results for the six months ended June 30, 2026.  Amidst global operational volatility driven by ongoing geopolitical turbulence, uncertain interest rate trajectories, and narrow market upside, the Group maintained a solid performance in H1 2026. As an alternative investment platform driven by proprietary capital, Sun Hung Kai is well-positioned to navigate market fluctuations. Leveraging a robust balance sheet, liquidity, expanding strategic partnerships, and a broad global network, we continue to create value centered on downside risk defense and risk-adjusted returns. Shareholder-attributable profit amounted to HK$690 million. The lower profit in this period was primarily due to the absence of large-scale liquidity realization events compared to the prior period. Basic earnings per share stood at HK35.2 cents. Total assets grew to HK$40.39 billion, reflecting the steady expansion of the Group's platform. The Board declared an interim dividend of HK13 cents per share for the six months ended June 30, 2026, representing an 8.3% YoY increase. In H1 2026, the Group repurchased 2.8 million shares, further underscoring its commitment to prudent capital management and enhancing long-term shareholder value. Since 1997, the Group has returned HK$16.2 billion to shareholders through dividends and share buybacks. The Group also actively manages its financing profile. During the reporting period, it repurchased HK$154 million in principal amount of medium-term notes. In January 2026, the Group completed the issuance of $2.5 billion in notes maturing in 2029 under its medium-term note program, while simultaneously conducting tender offers for $152 million in outstanding notes maturing in 2026, thereby extending debt maturity, reducing short-term refinancing risk, and further strengthening financial flexibility. As of June 30, 2026, the Group's book value per share was HK$11.6, a 1.8% increase from year-end 2025. **Investment Management** The Investment Management segment reported pre-tax profit of HK$400 million. As of June 30, 2026, investments in this segment totaled HK$16.88 billion, up 7.4% from year-end, with private equity assets accounting for 57.4% of the total. Within the Group's HK$9.7 billion private equity portfolio, approximately HK$1.7 billion has gone public, providing strong flexible liquidity. Since inception, this segment has achieved a 15.8% internal rate of return. H1 2026 investment returns were evenly distributed across private equity, special opportunities and structured credit, and hedge funds. Returns were mainly driven by multiple realization events, including IPOs and M&A activities of invested projects, valuation upward revisions of tech investments in new funding rounds, and ongoing distributions. Our hedge fund of funds strategy also delivered strong returns, outperforming market benchmarks. The expanded allocation to special opportunities and structured credit provided downside protection while offering significant upside potential. Returns were primarily driven by value appreciation and stable yields from private credit. New investments during the period focused on secondary markets, special opportunities, and acquisition strategies, prioritizing mature assets with clear exit paths and robust cash flows. **Alternative Investment Solutions (formerly Fund Management)** The Alternative Investment Solutions platform operated by Sun Hung Kai Capital Partners Limited ("SHKCP") recorded a slight pre-tax loss of HK$900,000, a significant 82.0% YoY narrowing. Fee income accelerated growth, rising 24.7% YoY to HK$21 million, which was the main driver, partially offset by higher operating expenses. Total Assets Under Management (AUM)\* grew 17.7% to HK$29.19 billion (approx. $3.72 billion), driven mainly by net capital inflows, solid performance across strategies, and new strategic partnerships. Although this collaboration model was only recently launched, it has begun generating a flywheel effect, not only unlocking exclusive deal flow and expanding network effects among investors but also helping SHKCP build long-term recurring revenue. Beyond delivering risk-adjusted returns for SHKCP clients, these expanding partnerships also help enhance the Group's overall investment returns and allow our Investment Management business to capture attractive co-investment opportunities. **Credit Business** The consumer finance business operated by United Finance Company Limited ("United Finance") reported a pre-tax profit of HK$570 million, a 50.7% YoY increase, supported by satisfactory growth in loan transaction volume and profitability in Hong Kong, strict credit approval policies, and a declining charge-off rate. The total loan balance for the consolidated consumer finance business reached HK$12.35 billion, a 4.6% increase from year-end 2025. United Finance's SIM Credit Card business continues to generate profit through growth in credit card receivables, interest, and fee income. The mortgage lending business operated by Sun Hung Kai Credit Limited ("Sun Hung Kai Credit **Mr. Lee Shing Kwong, Executive Chairman of the Group, stated:** "Despite the complex and volatile macro environment, with over half a century of proven track record and rigorous capital allocation principles, the Group possesses sufficient resilience to navigate various market cycles. Through deep collaboration among the three core business segments—Credit, Investment Management, and Alternative Investment Solutions, we will continue to deepen strategic partnerships and jointly develop investment solutions to unlock the platform's overall flywheel and network effects, thereby seizing high-certainty investment opportunities and creating sustainable long-term value for shareholders." For more details on the 2026 interim results, please refer to the[Results Announcement](https://attachment.shkco.com/Attachment/164808). *\*"Total Assets Under Management" refers to the total value of assets managed, advised, distributed, or otherwise serviced by SHKCP, including assets managed by seed investment partners and external managers in which Sun Hung Kai holds equity. For details, please refer to the*[*Sun Hung Kai website*](https://www.shkco.com/tc/aum.aspx)*and the Company's annual report. The calculation method for this AUM differs from that used in the Company's regulatory filings.* – End – ***About Sun Hung Kai & Co. Ltd.*** *Sun Hung Kai & Co. Ltd. ("Sun Hung Kai", Stock Code: 86 in Hong Kong) is a Hong Kong-headquartered, proprietary-capital-driven alternative investment platform. Established in 1969, leveraging deep wealth management roots, the company has built unique investment expertise covering multiple alternative asset classes, including hedge funds, private equity, private credit, and various real assets, consistently delivering solid long-term risk-adjusted returns. Sun Hung Kai's philosophy centers on "alignment of interests," fully leveraging its professional advantages in alternative investments. Through deep cooperation with top-tier alternative investment managers, it creates value jointly for proprietary capital and external partners such as institutions and family offices. As of June 30, 2026, Sun Hung Kai held total assets of approx. HK$40.4 billion, with Total AUM\* reaching HK$29.2 billion (approx. $3.7 billion), a 17.7% increase from year-end 2025.* *For more information about Sun Hung Kai, please visit:*[*www.shkco.com*](https://www.shkco.com/tc/home.aspx)*or follow the company on*[*LinkedIn*](https://www.linkedin.com/company/sun-hung-kai-co/)*.* ***Media Inquiries, please contact:*** *Christensen Communications* [*shk@christensencomms.com*](mailto:shk@christensencomms.com) ### Related Stocks - [00086.HK](https://longbridge.com/en/quote/00086.HK.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**