Sun Hung Kai : UAF enters into strategic cooperation with Sohu to further develop Internet finance in Mainland China

[For immediate release] UAF enters into strategic cooperation with Sohu to further develop Internet finance in Mainland China

Hong Kong, 4 September 2014 - The Board of Directors of Sun Hung Kai & Co. Limited (Stock code: 86) (the "Company") is pleased to announce that United Asia Finance Limited, the 58% indirectly-owned consumer finance and money lending subsidiary of the Company, entered into a cooperation agreement with Sohu.com Inc.'s affiliate Souyidai in Beijing today to cooperate on peer-to-peer lending.
Capitalising on the Souyidai platform and Sohu's extensive reach on the Internet and deep technology expertise in the field, UAF will market loans to customers and provide guarantees for loans for Souyidai through its two subsidiaries First Asian Financial Consultancy (Shenzhen) Ltd and SHK Financing Guarantee (Shenyang) Ltd respectively.

Mr Lee Seng Huang, Group Executive Chairman of Sun Hung Kai & Co. Limited, said, "We are pleased with the collaboration with Sohu through the alliance with Souyidai. This marketing and guarantee initiative will allow us to take UAF's distribution beyond its current branch network and enable us to leverage on our other business partners. Following the establishment of the strategic cooperation with 58.comin early July, this new collaboration will further bolster UAF's online to offline reach across Mainland China."

SHK Financing Guarantee (Shenyang) Ltd was set up earlier in 2014 with a registered capital of RMB300 million.
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About Sun Hung Kai & Co. Limited

Sun Hung Kai & Co. Limited (the "Group") is a leading financial services group specialising in wealth management, securities brokerage and consumer finance with an extensive branch and office network of over 180 locations across Hong Kong, Macau and Mainland China.
With its foundation dating back to 1969, the Group seeks to create long-term value for clients and shareholders through its business divisions: Wealth Management and Brokerage, Consumer Finance and Principal Investments. The Group's subsidiaries, including Sun Hung Kai Financial Limited and United Asia Finance Limited, provide a broad range of financial services to both retail and institutional clients. The Group currently has about HK$13.6 billion* in shareholders' equity. Further information is available at www.shkco.com.

* As of 30 June 2014

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Juliana Chan	(852) 3920 2511	[e-mail]
Maggie Chan	(852) 3920 2513	[e-mail]
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