Our Chairman’s Message
In 2024, we faced a global landscape marked by significant challenges and uncertainties. Markets worldwide continued to fluctuate amid inflationary pressures and geopolitical conflicts. Despite this complex and dynamic environment, Value Partners Group demonstrated resilience, achieving a net profit of HK$31 million and earnings per share of HK$1.7 cents for the year. Our flagship funds maintained steady performance against market fluctuations, further strengthening our leading position in the Hong Kong asset management industry.
Deepening Cross-Border Connectivity to Fulfill Investors’ Needs Across Markets
Year 2024 marks the launch of Wealth Management Connect 2.0 (WMC 2.0) and the 10th anniversary of the Connect Programme. The deepening of cross-border connectivity has invigorated Hong Kong’s asset management industry by further diversifying investment channels for Mainland investors and increasing accessibility for global investors to China markets. Value Partners Group has actively participated in and continuously benefited from the deepened connect schemes with our qualified funds. We will further expand and strengthen our distribution partners’ strong network in Mainland China to offer more cross-border investment products to onshore and offshore clients, enhancing their access to more diversified global asset allocation options.
Enhancing Investment Research Capabilities and Diversifying Product Offerings
Value Partners is distinguished by its disciplined investment approach, seasoned research expertise, and consistent medium-to-long-term investment performance. We are deeply aware of the importance of fiduciary responsibility and are committed to continuously enhancing our investment capabilities with higher standards. While the technology landscape is ever-evolving – driven by advancements in artificial intelligence – the implementation of AI technology in research and operation will significantly transform the asset management sector. Capitalising on such advancement, we will continue to strengthen our investment research capabilities, product innovation and operation efficiency through technology integration. We will also strategically focus our resources on core businesses, diversify product offerings and explore Web 3.0 and Real World Assets (RWA), aiming to provide more diverse investment options to our investors.
Looking Forward
As we look ahead, Value Partners will steadfastly adhere to our core philosophy of value investing. Our commitment to prioritizing client interests through rigorous portfolio optimization and enhanced risk management capabilities will remain unwavering. Equally important is our investment in our greatest asset – our people. By rewarding employee contributions through equitable incentive programs, we aim to foster a stronger team spirit and fortify the Group’s foundation for sustainable growth.
For 2025, Global GDP growth is projected at 3.3%. Amidst heightened policy uncertainties, trade frictions, geopolitical tension and technology innovation are reshaping the global landscape. While challenges persist, the global economy shows resilience. At this pivotal moment of change, by adopting an open-minded and executionoriented approach, we will leverage on the opportunities of Chinese economy’s transition and opening up, address emerging challenges with resilience, and deliver long-term value to our investors, shareholders, and employees.
LIN Xianghong
Chairman and Executive Director
Value Partners Group