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  • Fortune Fountain Capital Limited Celebrates 1st Anniversary, Strives to Become a One-stop Financial Services and Wealth Management Platform

    Hong Kong, 6 March 2018 – Fortune Fountain Capital Limited (“FFCL”) held a ceremony to mark the 1st anniversary of its establishment at One Exchange Square. Mr. Kevin Sims, the CEO of FFCL and all the staff attended the ceremony to celebrate the company’s birthday.

    At the beginning of the event, all the attendees reviewed the achievements in the past year through a video. The staff representative shared her experience of her growth together with the company’s development and her expectation of a better future. With the theme of “For a better self, for a better future”, the staff wrote letters to “future self” in order to inspire themselves to achieve their goals of life and work, and contributed ideas and suggestions to the company. The following was Company Badge Awarding Ceremony. Mr. Kevin Sims awarded the company badge symbolizing achievements and honors to the staff whom have been working for one year to encourage them to stride on together for a better future.

         Fortune Fountain Capital 1st Anniversary - Company Badge Awarding Ceremony

    In a short span of one year, FFCL built up its core businesses covering financial service, wealth management and principal investment, attracted and retained talents from different industries. It successfully completed infrastructure and team establishment, built a strong foundation for business development in the future.

    The various business segments developed together in the past year. In financial service field, security trading business reached a record high in 2017. Wealth management platform has been upgraded to a full service platform which provides financial and non-financial services and products to global high-net-worth clients including insurance brokerage, professional consultancy, immigration, overseas study, overseas properties, tailor-made travel and private jet etc.; In respect of principal investment, there has been substantial progress made on overseas acquisition projects. One of the transactions draw great attention from the market is the announced acquisition of an 89% stake in Baccarat SA, the internationally renowned French luxury crystal Maison listed in Paris, in June 2017.

    Mr. Kevin Sims, the CEO of FFCL said at the ceremony: “In the future, we will continue our client-oriented strategy, further enrich our product line and enhance our comprehensive service capabilities, strive to become a full-license and one-stop platform providing financial and non-financial products and services. In the meantime, we will seize international acquisition opportunities with high growth potential and extend our business map to Europe and beyond.”

    At present, FFCL has nearly 100 staff in Hong Kong and the number is still growing. The management team consists of members from international financial institutions, including investment banks, private equity, venture capital, and equity research. FFCL has already opened two offices in One Exchange Square in Central and in Infinitus Plaza in Sheung Wan, with its business and client portfolio spreading across Asia, North America and Europe.

    About Fortune Fountain Capital Limited

    Established by shareholders from Mainland China, Hong Kong and Europe, Fortune Fountain Capital Limited (“FFCL”) is a comprehensive financial services and wealth management group active in financial services, wealth management, family office and principal investment, with its business and client portfolio spreading across Asia, North America and Europe. Through its subsidiaries and affiliates, FFCL serves a vast network of high-net-worth individuals and distinguished families by offering a wide range of financial products and services, as well as luxury experience and lifestyle services.

  • FFC Further Expands Overseas Financial Offerings
    Introduced New Overseas Property Products

    (Hong Kong, 2 June 2017) Founded by renowned families in Hong Kong and Mainland China, Fortune Fountain Capital Limited (“FFC”), a reputable financial group focuses on financial services, wealth management, family office and principal investment, is introducing new overseas property products to high-net-worth individuals and distinguished families to fulfil their global asset allocation needs.

    An overseas property project, named Priate’s Nest II, is located on the island called St. Kitts. St. Kitts is well-known for its natural beauty, coupled with the many high-end hotels and resorts such as Four Seasons and Hyatt on the island, it can offer premium travelling experiences to its visitors, similar to the Maldives. The project consists of 106-units serviced apartments located at mid-level with magnificent sea views. The project is recommended by the local government for real estate investment immigration scheme, managed by well-recognized hotel brand, and is freehold.

    Mr. Kevin Sims, CEO of FFC: “Through this project, FFC is able to provide both global asset allocation and tax planning services. For our high-net-worth clients, the beautiful sunshine and beaches of the Caribbean, the growth of real estate driven by uprising tourism, and the potential tax optimization are all incomparable advantages.”

    About Fortune Fountain Capital

    Founded by renowned families in Hong Kong and Mainland China and the descendant of Mr. Wang Xizhi, one the most famous calligraphers in Chinese history, Fortune Fountain Capital Limited (“FFC”), a reputable financial group engages in financial services, wealth management, family office and principal investment. FFC, on behalf of its founding families and family office clients, identifies attractive investment opportunities for long term strategic holding. In addition, FFC services and offers its wide network of high-net-worth individuals and distinguished families a wide range of financial products and services as well as luxury and lifestyle experience and services such as high-end travel agency, artwork, fine wine, private jet charter, golf tournament, etc. FFC‘s business and clients reach extends beyond Asia to North America and Europe.

  • FFC Management Attended the Annual Dinner 2016 of the City University of Hong Kong

    (Hong Kong, 2 June 2017) Founded by renowned families in Hong Kong and Mainland China, Fortune Fountain Capital Limited (“FFC”) is a reputable financial group focuses on financial services, wealth management, family office and principal investment. The management team of FFC attended The City University of Hong Kong Foundation Annual Dinner 2016.

    The dinner under the theme of “Fly With CityU”, was successfully held. Together with over 400 new and old friends of the University, alumni, students and staff, an impressive donation amount of more than HK$10M was raised from the event.

    One of the FFC management team, Ms. Anna Wang, made donation for both the “Dream Package for Burgundy Wines Lovers” and the “Calligraphy by Professor JAO Tsung I” in the auction. All donations will be used to support non-local exchanges and internships as well as other projects that help enrich the students’ international exposure.

    FFC believes in the importance of philanthropic giving and has setup donation plan to provide long-term support to university students from top notch universities such as Hong Kong University and Peking University. The plan also provides exchange opportunities at top-ranked universities overseas to outstanding but underprivileged students. Ms. Coco Chu and Ms. Anna Wang are passionate for philanthropy in Asia and worldwide. Recently they attended charitable events such as the charity dinner held by the British royal family and the amfAR gala Cannes.

    About Fortune Fountain Capital

    Founded by renowned families in Hong Kong and Mainland China and the descendant of Mr. Wang Xizhi, one the most famous calligraphers in Chinese history, Fortune Fountain Capital Limited (“FFC”), a reputable financial group engages in financial services, wealth management, family office and principal investment. FFC, on behalf of its founding families and family office clients, identifies attractive investment opportunities for long term strategic holding. In addition, FFC services and offers its wide network of high-net-worth individuals and distinguished families a wide range of financial products and services as well as luxury and lifestyle experience and services such as high-end travel agency, artwork, fine wine, private jet charter, golf tournament, etc. FFC‘s business and clients reach extends beyond Asia to North America and Europe.

  • Fortune Fountain Capital agrees to acquire 88.8% of the shares of Baccarat
    The transaction would open a new chapter of growth and expansion for the iconic and high-potential French “Maison”

    Paris, Hong Kong, June 02nd, 2017 – Fortune Fountain Capital (“FFC”), a prominent Asianfinancial group established as a family office, today announced an irrevocable offer to acquire 88.8% of the share capital of Baccarat, the internationally renowned French luxury crystal Maison,from affiliates of Starwood Capital Group and L Catterton.

    FFC would acquire the shares from the Starwood Capital and L Catterton affiliates at a price of€222.7 per share (the "Block Purchase"), for c. €164m. The closing of the Block Purchase wouldbe followed by the filing with the Autorité des Marchés Financiers of a mandatory tender offer forthe remaining outstanding shares at the same price per share. At this stage, FFC does not intendto have Baccarat delisted from Euronext Paris. However, depending on, inter alia, the outcome ofthe tender offer process and what the best interest of Baccarat would call for, FFC may reconsiderits position and implement a squeeze-out procedure.

    The proposed Block Purchase by FFC is subject to the applicable Work Council consultationprocess in France and certain regulatory approvals in the People's Republic of China.

    The acquisition by FFC will enable Baccarat to accelerate its strategic international plans,including expansion into emerging markets such as Asia and the Middle East, as well as continuedgrowth across existing developed markets, particularly North America. FFC is committed toinvesting extensively in Baccarat’s core business and supporting the company’s developmentthrough further expansion into adjacent luxury categories, by fully leveraging its extensivebusiness network in the luxury sector and its close relationships with various prominent familiesacross Asia and Europe.

    FFC will maintain the entire production and workforce in Baccarat, and honor the crystal makers’two-and-a-half centuries of heritage and perfect craftsmanship. Ms. Daniela Riccardi, CEO ofBaccarat since 2013, who has significantly contributed to the company’s financial performanceimprovement during her tenure, with sales reaching c. EUR 148m and EBITDA growing to c. EUR13m in 2016, will continue to lead the company with the strong support of FFC. The hotel licensewith Starwood Capital Group’s controlled affiliate will be maintained in the framework of apartnership between Baccarat, FFC and Starwood Capital Group. The license to operate and brandBaccarat Hotels has been retained by Starwood Capital Group’s controlled affiliate.

    Ms. Coco Chu, Chairlady of FFC, said: “We have been impressed by the exceptional know-how andexpertise of Baccarat’s employees. We are convinced that FFC, with its extensive global businessnetwork, is an ideal strategic partner to position Baccarat for future growth and value creation. Weattach the greatest importance to maintaining this company’s 250-year history of excellence, andmost notably its “Made in France” identity. We will support the development of the company, relyingon Daniela and her talented team, who are best suited to drive Baccarat’s upcoming developmentstrategy. It is our firm belief that we will make Baccarat a most recognized icon of luxury lifestyle.”

    Ms. Daniela Riccardi, Chief Executive Officer of Baccarat, commented: “We are very pleasedto enter a new phase of our development by partnering with Fortune Fountain Capital. FFCunderstands and deeply respects the DNA of the brand and its heritage. We share the same visionfor the future of our business, especially regarding the expansion into new products and geographies,such as Asia and North America. We will benefit from FFC’s financial strength and expertise in thesemarkets, as well as from its extended base of partners and clients in the luxury industry.”

    Société Générale acted as exclusive financial advisor to FFC, while Clifford Chance acted as legaladvisor.

    Messier Maris & Associés acted as exclusive financial advisor to Starwood Capital Group and L Catterton, while Davis Polk & Wardwell acted as legal advisor.

  • New Insurance Products Introduced
    FFC Further Expanded its Global Asset Allocation Capabilities

    (Hong Kong, 1 June 2017) Founded by renowned families in Hong Kong and Mainland China, Fortune Fountain Capital Limited (“FFC”), a reputable financial group focuses on financial services, wealth management, family office and principal investment, introduced new global asset allocation products to high-net-worth individuals and distinguished families to achieve their wealth succession planning objectives.

    The products are Bonus Power Plan 2 and Protect Elevator/Protect Elevator Plus, two flagship products underwritten by AIA Group Limited. Bonus Power Plan 2 is a USD participating insurance plan that provides excellent potential long-term returns, is suitable for children’s education funds, retirement plan, and wealth inheritance. Protect Elevator/Protect Elevator Plus is a participating insurance plan providing life insurance, critical illness protection up to the age of 100 and potential wealth accumulation. The plan covers 54 critical illnesses, 39 early stage critical illnesses and 7 severe child diseases.

    These two products enhance the product offerings of FFC and FFC’s capabilities to fulfil clients’ global asset allocation needs.

    Mr. Kevin Sims, CEO of FFC: “Hong Kong is an important platform connecting Mainland China and the world, while FFC satisfies the demands of mainland Chinese clients through its access to the international financial market. Nowadays, overseas insurance products, in addition to managing life risks, are also demanded to take on the role of ensuring family wealth succession and decentralizing currency risk. It becomes a great opportunity for FFC in identifying and meeting those needs and creating unique values for our clients.”

    About Fortune Fountain Capital
    Founded by renowned families in Hong Kong and Mainland China and the descendant of Mr. Wang Xizhi, one the most famous calligraphers in Chinese history, Fortune Fountain Capital Limited (“FFC”), a reputable financial group engages in financial services, wealth management, family office and principal investment. FFC, on behalf of its founding families and family office clients, identifies attractive investment opportunities for long term strategic holding. In addition, FFC services and offers its wide network of high-net-worth individuals and distinguished families a wide range of financial products and services as well as luxury and lifestyle experience and services such as high-end travel agency, artwork, fine wine, private jet charter, golf tournament, etc. FFC‘s business and clients reach extends beyond Asia to North America and Europe.

  • Fortune Fountain Capital Limited Officially Opened
    Marking the First Step of Fortune Fountain Capital’s Global Financial Strategy

    (Hong Kong, February 15, 2017) The Opening Ceremony of Fortune Fountain Capital Limited (“FFCL”) & the Relocation Ceremony of Sun Growth Securities Limited (“SGS”) was held in Exchange Square, Central, Hong Kong. This marked the official inauguration of the financial platform jointly formed by Fortune Fountain (Beijing) Holding Group Co., Ltd. (“Fortune Fountain Capital”), and Sun Growth Securities Limited, a local Hong Kong broker with twenty years’ history. Senior executives, guests, and selected clients of Fortune Fountain Capital, FFCL and SGS witnessed the success of the grand ceremony.

    Established in 2011 as a family wealth management house by the offspring of Mr. Wang Xizhi, the most famous calligrapher in Chinese history, Fortune Fountain Capital has become a financial holding company focusing on financial, industrial and securities investment. Among the three major segments, its financial investment business has offices in 36 cities across China and has an accumulative AUM of c. RMB 50bn and accumulative investment c. RMB 30bn. In 2015 and 2016, the Group invested in the privatization deals of Focus Media Holdings and Qihoo 360 and acquired Honey New Zealand, the second largest Manuka honey producer in the world.

    While leveraging on the talent pool of the Group, FFCL also attracted elite bankers from Goldman Sachs, Merrill Lynch and the City of London. This outstanding team, relying on its resources and capital in Hong Kong, is devoted to rolling out the global financial strategy of the Group and providing a comprehensive mix of financial services for its global clients, including securities, investment banking, wealth management, family office, private banking, trust fund and global asset allocation (incl. financial asset and real estate), etc.

    Since its establishment in 1993, along with the development of Hong Kong stock market, SGS has achieved the transformation from a pure-play stock broker to a diversified investment service provider, and also one of the first full-service securities companies in Hong Kong.

    As the ceremony started at 16:00, Mr. Kevin Sims, the CEO of FFCL, delivered his opening remarks. He first introduced the business structure of FFCL, saying that “guided by the unique model of the Group, FFCL will strive to diversify our cross-border financial services and create win-win outcomes for both the company and our clients.” Kevin also mentioned that FFCL plans to obtain all SFC licenses within three years.

    Ms. Coco Chu, CEO of Fortune Fountain Capital, also gave a short speech. “The launch of FFCL is an important milestone for Fortune Fountain Capital.” Ms. Chu said, “It is the first yet concrete step in building our global financial platform.” Ms. Chu also shared with the audience her expectations for the future growth of FFCL.

    It is worth noting that Ms. Sandra Ng, a celebrity in Hong Kong, was also present in the ceremony. She offered her sincere blessings to FFCL and was invited to cut the ribbons with Ms. Coco Chu, Ms. Anna Wang (Vice President and CFO of Fortune Fountain Capital), Mr. Jack Sun (Assistant President and Chairman of Treasure Fountain Investment) and Mr. Kevin Sims, CEO of FFCL. In the first lunar month of the year 2017, the auspicious red ribbon predicts a prosperous new year.

    After the ribbon cutting, the distinguished guests cut open the roasted pig as a tradition in such celebrating occasions in Hong Kong, and then poured champagne into an ice sculpture and revealed the FFCL logo carved inside. At this moment, all attendees raised their glasses and toasted for the opening of FFCL.

    At last, Ms. Coco Chu and Mr. Kevin Sims dotted the eyes of two lions to start the traditional Chinese lion dance. Those dancing lions, joyful and energetic, brought a successful end to the ceremony and a powerful beginning of the company.

  • Fortune Fountain Capital Limited Celebrates 1st Anniversary, Strives to Become a One-stop Financial Services and Wealth Management Platform

    ——2017.3.6
  • FFC Further Expands Overseas Financial Offerings

    ——2017.6.2
  • FFC Management Attended the Annual Dinner 2016 of the City University of Hong Kong

    ——2017.6.2
  • Fortune Fountain Capital agrees to acquire 88.8% of the shares of Baccarat

    ——2017.6.2
  • New Insurance Products Introduced

    ——2017.6.1
  • Fortune Fountain Capital Limited Officially Opened

    ——2017.2.15