Pinestone Capital Limited
0804.HK
Hong Kong Stock Exchange3.50
HKD
+0.09
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Pinestone Capital Limited
0804.HK
(Hong Kong Stock Exchange)
Recent
price
3.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Pinestone Capital Limited (0804.HK) is a Cayman Islands-incorporated investment holding company principally engaged in providing bespoke financial services to individual and corporate clients in Hong Kong; its core offerings comprise securities brokerage services, securities-backed lending including margin financing and money lending, other secured lending services, and placing and underwriting services encompassing securities placements and bond agency fees. The company, founded in 2015 with headquarters at Room 1608, 16/F, Nan Fung Tower, 88 Connaught Road Central, Sheung Wan, Hong Kong (relocated from Wan Chai in July 2025), operates primarily through subsidiaries in the Hong Kong financial market, serving clients via trading on the Stock Exchange of Hong Kong with settlement terms of T+2 for securities dealing; it maintains segregated trust accounts for client monies and assesses credit risk through collateral ratios and impairment provisions under expected credit loss models. Recent developments include a successful placing of 81.21 million new shares in January 2025 raising net proceeds of HK$13.86 million for working capital, board changes with Mr. Lee Chun Tung redesignated as Chairman, Mr. Wang Han appointed CEO, and new directors Miss Cheung Ka Yi on 2 June 2025 alongside retirements and resignations, formation of a joint venture with FEG Holdings Limited (1413.HK) in January 2025 for digital asset business with HK$6.7 million prepaid investment toward a 40% stake in a HK$25 million entity, an announced major acquisition on 30 September 2025 of sale shares in a target company to enter PRC distressed asset settlement and disposal via auction platforms with synergies in client networks and ancillary services like asset investigation, a proposed rights issue announced in June 2025 targeting up to HK$60.7 million gross to bolster margin financing (HK$35 million) and money lending (HK$15 million), and application preparations from July 2025 for virtual asset dealing licenses including trading, introductions to platforms, and advisory services expected by Q1 2026; additionally, a proposed name change to DODO Asset Holdings Limited was announced in October 2025 to reflect its distressed asset strategy without impacting operations or shareholder rights.