Core Business
Investment
Foreword
Milestone
    1980s
    1990s
    2000s
    Current

Milestone

20 00's

 

2003
During the SARS crisis, the property market suffered from negative asset value while the Group acquired property stocks of major blue chip companies. Besides, due to the positive view on the energy market and also the economic growth of the Mainland China, the management decided to acquire the stock of a leading energy company in China.
 
2007
As stock markets globally appeared to be becoming overheated, the Group chose a conservative approach to investments. A major disposal of our stock portfolio was carried out, till only a small portion of it remained. The Group was determined to stay patient, and to wait for the right investment environment to return. However, accumulation of Renminbi became one of the priorities on the Group's agenda.
 
2008
Financial disasters struck in late 2008, on a worldwide basis. Confidence in stock markets plummeted, and only fear remained. The Group stayed loyal to its belief that the best values still lie in China. The Group started its buying program to accumulate stocks, particularly in financial institutions and in China's property sector; such buying continued till the first quarter of 2009.

2010
SFK expanded the investment in energy sector by acquiring 98 oil and gas wells in Alberta, Canada at a cost of CAD 17 million, and set up an office to operate those wells.
 


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