CFCG Garners “Outstanding Listed Company Award 2016” from HKIFAPC


China First Capital Group Limited (“CFCG” or the “Group;” stock code: 1269) has garnered the “Outstanding Listed Company Award 2016” from The Hong Kong Institute of Financial Analysts and Professional Commentators (“HKIFAPC”), demonstrating the Group’s outstanding performance in the equity market over the past year. The prize presentation ceremony was held at Chancellor Room, the Hong Kong Convention and Exhibition Centre (HKCEC) today. Guests of honor attending the ceremony included: Mr. James Lau, Under Secretary for Financial Services and the Treasury of The Government of Hong Kong SAR; Ms. Jin Ping, Deputy Director-General of the Economic Affairs Department of Liaison Office of the Central People's Government in the Hong Kong SAR; Hon Christopher Cheung Wah-fung SBS and JP and Hon Yung Hoi-yan, members of the Legislative Council of the Hong Kong SAR; as well as Ms. Julia Leung Fung-yee, Executive Director, Intermediaries Division of the Securities and Futures Commission. Mr. Alfred Lim, Managing Director and Head of Investment Management of First Capital Asset Management Limited (“First Capital Asset Management”) under CFCG, received the award on behalf of the Group.

Organized by IFAPC, the “Outstanding Listed Company Award” aims to recognize listed companies with excellent performance, as well as to promote the importance of corporate governance. The award-winning enterprises are selected by experienced financial analysts and professional commentators. The selection is based on the company’s corporate strengths, operational performance, corporate transparency, financial performance as well as growth potential. The other award winners of the years include: The Hong Kong and China Gas Company Limited, China Resources Beer (Holdings) Company Limited, Cheung Kong Infrastructure Holdings Limited and BAIC Motor Corporation Limited.  

Mr. Alfred Lim, Managing Director and Head of Investment Management of First Capital Asset Management, delivered a speech at the ceremony and said, “The year 2016 signifies an important milestone of CFCG which the Group has recorded a breakthrough in its business development. During the year, the Group has completed a number of education acquisition projects and investments as well as quickly expanded into the international market. Currently, First Capital Securities, First Capital Asset Management and First Capital International, which are subsidiaries of CFCG, all have gained relevant and useful licenses and been at their optimal operating state. Besides, with the effective synergic development of financial services, the Group has identified and invested in large-scale, and quality cultural and education assets with great potential both in China and overseas countries with relatively richer education resources such as the US, the UK, Australia and Singapore. This award is strong testimony to the efforts of all staff of CFCG.”

Educational investment is a popular industry in recent capital market. It is relatively resilient throughout all the economic cycle with high and stable returns. Going forward, the Group will continue to emphasize the investment in education sector and integrate domestic and overseas excellent educational resources to fulfill the overwhelming needs of mainland, China. Meanwhile, the Group has also maximized synergies in the areas of programs, technology, brand, finance and management of the Group’s education investment and cooperation projects and enhanced overall value of assets riding on its strong post-investment management capability. The Group’s aim is to contribute to the development of the education business in China.