- Business
- FSE Lifestyle Services Limited (0331.HK) is a leading Hong Kong-listed lifestyle services conglomerate whose ultimate holding company is FSE Holdings Limited; it operates three core business segments including property and facility management services through Urban Group, International Property Management Limited, and Kiu Lok Service Management Group offering property management, car park management, asset management advisory, sales, and leasing; city essential services encompassing cleaning and pest control via Waihong Services Group, insurance solutions through Nova Insurance Group, technical support and maintenance by Far East Engineering Services Group and Turning Technical Services Limited, environmental solutions including water and air treatment, laboratory testing, extra low voltage systems, electric vehicle charging, landscaping, and building materials from FSE Environmental Solutions Group and Hong Kong Island Landscape Company Limited, as well as systems security, guarding, and event services provided by General Security Group and Perfect Event Services Limited; and E&M services comprising engineering and consultancy from FSE Engineering Group, Majestic Engineering Group, and Young’s Engineering Group. The company delivers comprehensive one-stop-shop professional services to clients such as the HKSAR Government, multinational corporations, property owners and investors, theme parks, universities, hotels, and hospitals across private and public facilities in Hong Kong, Macau, and Mainland China. Founded with member companies dating back to 1965 and renamed FSE Lifestyle Services Limited in 2021 following business reengineering and acquisitions including property and facility management, security, insurance brokerage, and landscaping groups, it maintains headquarters in Kowloon, Hong Kong, and reported solid FY2025 performance with revenue of HK$8.2 billion and profit attributable to shareholders of HK$453 million despite market challenges; latest major developments include the completion of the acquisition of Beijing Nova Insurance Services Limited on December 27, 2024, expanding insurance solutions into the Mainland China market for geographical diversification and Greater Bay Area opportunities, alongside strong growth in city essential services revenue by 9.6% driven by demand from mega events, tourism recovery, carbon neutrality initiatives, and electric vehicle adoption.