- Business
- SFund International Holdings Limited is a Hong Kong-based investment holding company principally engaged in apparel supply chain management services and diversified financial operations. The company operates through four main segments, including Apparel Trading and Related Services, which involves trading apparel products such as men's and women's apparels, accessories, shirts, pants, jeans, jackets, buttons, zippers and threads, along with comprehensive supply chain management encompassing sourcing of raw materials and third-party manufacturers, sample creation, product design and development, production management, merchandising, quality control, logistics management and social compliance monitoring; Financial Services, offering securities dealing, asset management, corporate finance and related advisory services, securities brokerage and fund management; Money Lending, providing loan finance; and Securities Investment, investing in listed and unlisted securities, as well as property investment and management services. It serves customers in Hong Kong, Cambodia, the United States, Mainland China and internationally, with a focus on woven wear and accessories markets. Founded in 1991 and headquartered in Wanchai, Hong Kong, the company, incorporated in the Cayman Islands, changed its name from Hanbo Enterprises Holdings Limited in November 2017. In recent years, SFund has faced significant operational challenges, including failure to meet resumption guidance from the Hong Kong Stock Exchange, leading to the cancellation of its share listing effective September 20, 2022; it has also pursued fund-raising proposals amid segment revenue shifts, with apparel sales declining due to COVID-19 impacts particularly in the US market, while financial services revenue grew modestly.