- CEO
- Hong Gay Wong
- Full Time Employees
- 39
- Sector
- Commercial services
- Industry
- Advertising/Marketing services
- Address
- Lee Garden Five Hong Kong Hong Kong
- IPO Date
- Jul 28, 2011
- Business
- Cornerstone Financial Holdings Limited (8112.HK) is an investment holding company principally engaged in financial services and advertising and media businesses in Hong Kong and Singapore. The company operates through two main segments: financial services, which include Type 1 (dealing in securities), Type 4 (advising on securities), and Type 9 (asset management) regulated activities under the Securities and Futures Ordinance via its 91.19%-owned subsidiary Cornerstone Securities Limited; and advertising and media, encompassing a digital out-of-home network of 1,639 flat-panel displays in elevator lobbies of 1,109 office, commercial, and residential venues in Hong Kong plus 530 in Singapore, six large LED panels in each market, film development, production and distribution, information technology and cyber security consultancy, and retail of skin care products, with margin financing forming the core revenue driver at approximately 97% of financial services income through secured loans to 11 clients totaling HK$89 million as of December 31, 2024. Founded in April 2004 and listed on the GEM board of the Hong Kong Stock Exchange since July 2011, it is headquartered at Room 802, 8th Floor, Lee Garden Five, 18 Hysan Avenue, Causeway Bay, Hong Kong, and serves institutional and retail investors alongside advertisers targeting high-traffic locations. Formerly known as Focus Media Network Limited, it changed its name to Cornerstone Financial Holdings Limited in January 2018 following the 2016 acquisition of Glory Creator Limited and Cornerstone Securities Limited to enter securities brokerage; recent developments include a partnership with Hivestack to enhance programmatic digital out-of-home advertising in Singapore, board appointments such as An Xishuai on November 28, 2024, Sun Lihua on May 14, 2024 (resigned March 25, 2025), and Fan Yandi as Chairlady on March 25, 2025 amid exploration of AI technology opportunities, alongside sponsorships for events like Singapore National Day Parade 2024 and Hong Chi Climbathon 2024 while recording HK$54 million revenue and HK$21.9 million net loss for 2024.