- Business
- First Shanghai Investments Limited First Shanghai Investments Limited (0227.HK) is an investment holding company engaged in financial services, direct investments, property and hotel development, and other businesses primarily in Hong Kong, the People's Republic of China including the Pearl River Delta and Yangtze River Delta regions, and France. Established in 1964 and listed on the Hong Kong Stock Exchange in 1972, the company, headquartered in Central, Hong Kong, adopted its current name in 1993 and operates through segments that include securities investment, securities broking, margin financing, corporate finance, underwriting and placements, asset management, wealth management, IPO subscription, shares custodian, nominee services, and financial intermediary services in its financial services division; property development and management encompassing residential properties, service apartments, commercial offices, industrial offices, hotels, and recreation resorts such as Elite Place in Kunshan, First Shanghai Plaza and Singapore International Park in Wuxi, and Huangshan projects in Anhui; property investment and hotel operations including a hotel in Paris; and other businesses featuring money lending, financial leasing, agency and secretarial services, dental services, futures and insurance broking, container transportation, freight forwarding, therapeutic drug development, and golf course operations. The company targets market-leading projects in pharmaceuticals, healthcare, telecommunications, and logistics for direct investments while generating steady income from property rentals and hotel operations. In 2024, First Shanghai Investments Limited completed the disposal of its entire equity interest and shareholder's loan in Shanghai Zhong Chuang International Container Storage & Transportation Company Limited for approximately RMB44 million, recording a gain of HK$65 million; achieved increased property sales from the Huangshan project following phase C completion and full-year Paris hotel operations after a 2023 repair closure; reported growth in brokerage commission and margin loan interest income by 9% and 7% respectively amid Hong Kong market recovery; focused resources on financial services with no new direct investments; and turned a net profit of HK$78 million from a prior-year loss, supported by overall revenue growth of 25% to HK$390 million.