HONG KONG, March 5, 2018 /PRNewswire/ -- The leading cross-border investment platform with integration of industry and finance -- OP Financial Investments Limited ("OP Financial" or "the Company", stock code: 01140.HK) is pleased to announce that the Company was included in the Hang Seng Composite Index and Shenzhen-Hong Kong Stock Connect ("Stock Connect"). The inclusion of the Stock Connect will be effective today, allowing eligible Mainland investors to access directly through the Stock Connect program.
OP Financial follows a value investing philosophy. With deep roots in Hong Kong and connection to Mainland China, the Company has strong capability of investment, financing and industry consolidation. Its investment portfolios cover many listed and unlisted companies across geographies and industries. The Company has shown an increase in net asset value for three consecutive years and achieved the recorded profit of HK$131 million for the six months ended 30 September 2017.
Zhang Gaobo, Chief Executive Officer of OP Financial, said: "We are very encouraged to be included in the Hong Kong Stock Connect at a time when the group has upgraded its strategy and business is poised to take off. OP Financial believes that China's economy has entered a new normal, and it is expected that a group of enterprises with great potential will grow its valuation to hundreds billion. We will take our advantages in integration of industry and finance as well as cross-border investments to empower enterprises and bet on China and Chinese enterprises. The inclusion of Stock Connect reflects the strong confidence of the capital market in our future development, which will also help us to foster our shareholder diversification and further expand the investor base."
Apart from the inclusion of Stock Connect, OP Financial was previously included as a constituent of Hong Kong Index of MSCI Small Cap Index. The Company completed placement of new shares in December 2017 and introduced four strategic investors including the People's Insurance Company (Group) of China Limited and CMB International, which represents the recognition of investors for the Company's development and growth advantage in the future. Furthermore, it also provides strong capital support to the investment of the integration of industry and finance and cross-border projects.
Reference
List of Eligible Securities for Southbound Trading under Shenzhen-Hong Kong Stock Connect
http://www.szse.cn/main/szhk/ggtywxx/bdzqmd/
About OP Financial Investments Limited (01140.HK)
OP Financial Investment Limited (01140.HK) is a cross-border, cross-sector and cross-cycle investment company that listed on the main board of the Stock Exchange of Hong Kong Limited. OP Financial has strong capability of investment, financing and industry consolidation, while its investment portfolios cover many listed and unlisted company across geographies and industries. According to the investment cycle, OP Financial builds portfolios with long-term core holding projects, medium-term private equity and venture capital funds and short-term arbitrage project, which are tailored to create steady returns for the shareholders. In 2017, OP Financial introduced strategic investors into the Company including the People's Insurance Company (Group) of China Limited and CMB International, and was added as a constituent of Hong Kong Index of MSCI Small Cap Index, both of which enhanced its market influence.
About Shenzhen-Hong Kong Stock Connect
Shenzhen-Hong Kong Stock Connect is the establishment of mutual stock market access between Mainland China and Hong Kong. The Stock Exchange of Hong Kong Limited ("SEHK") and Shenzhen Stock Exchange ("SZSE") established mutual order-routing connectivity, to enable investors of their respective market to trade shares listed on the other's market. Under Shenzhen Connect, Mainland investors are also able to trade selective SEHK Securities through SZSE members. These include all the eligible stocks for Southbound Trading under Shanghai Connect, the constituent stocks of the Hang Seng Composite SmallCap Index ("HSSI") which have a market capitalization of not less than HKD 5 billion, and all the H shares of SEHK-listed companies which have A shares listed on SZSE.
For further information, please contact:
Investor Relations
Tel: (852) 2842 5888
Fax: (852) 2842 5833
E-mail: ir@oriental-patron.com.hk
Website: http://www.opfin.com.hk/
