- Business
- UBA Investments Limited (0768.HK) is a Cayman Islands-incorporated investment holding company listed on the Hong Kong Stock Exchange with its principal place of business at Flat B, 16th Floor, Wah Kit Commercial Centre, 300 Des Voeux Road Central, Hong Kong; founded in 1999, it principally engages in investment holding and securities trading, focusing on medium-term capital appreciation through listed and unlisted equity securities and convertible bonds in Hong Kong and the People's Republic of China, with a diversified portfolio across telecommunications (e.g., PCCW Limited, holding 5,800,265 shares or 0.075% interest), utilities (e.g., Power Assets Holdings Limited, 126,000 shares or 0.006%; MTR Corporation Limited, 183,775 shares or 0.003%), conglomerates (e.g., CK Hutchison Holdings Limited, 40,000 shares or 0.001%; Swire Pacific Limited, 29,000 shares or 0.004%), consumer appliances (e.g., Midea Group Co., Ltd., 85,000 shares or 0.001%), insurance (e.g., Asia Financial Holdings Limited, 510,000 shares or 0.055%), mining (e.g., Xinjiang Xinxin Mining Industry Co., Ltd., 1,600,000 shares or 0.07%), engineering services (e.g., Kwong Man Kee Group Limited, 29,859,000 shares or 5%), and garment accessories/equine services (e.g., Harbour Equine Holdings Limited, 16,852,711 shares or 4.12%), generating dividend income from listed equities and gains from fair value changes and trading; operations are centered in Hong Kong markets with investments targeting high-yield blue-chip and growth-oriented names. Recent developments include disposal of its sole unlisted equity investment (Guangzhou Jingyeng Aqua-Culture Company Limited) through subsidiary divestment in the year ended 31 March 2025 to enhance liquidity and focus on listed securities; board changes with Dr. Wong Yun Kuen resigning as Chairman and Executive Director on 6 June 2025 and Mr. Chau Wai Hing elected as new Chairman alongside his Executive Director role, joined by new Independent Non-Executive Director Ms. Kwok Yuen Lam in 2024; for the six months ended 30 September 2025, the group reported net profit of HK$7.41 million (up from HK$5.73 million prior year), revenue of HK$3.17 million from dividends, net fair value gains of HK$7.09 million on listed equities, gross trading proceeds of HK$52.50 million, net assets of HK$100.40 million (up 8.1%), and listed investments valued at HK$75.88 million representing 71% of assets, maintaining HK$18.16 million in cash equivalents without debt or material commitments.