# Evergrande Securities (Hong Kong)

Evergrande Securities (Hong Kong) is a Bank / Wealth / Trust based in Hong Kong, Hong Kong.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Hong Kong, Hong Kong
- **Region:** Asia
- **Address:** Hong Kong, Hong Kong
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** https://www.gisf.hk

## Regulatory record

- **Reports private funds:** No

## About

Evergrande Securities (Hong Kong) is a Hong Kong-based investment bank. It focuses on the Asia region.

## Sectors

- Financial Services

## People

- Hui Ka Yan — Former Chairman, China Evergrande Group (ultimate parent)

## Questions

### What was Evergrande Securities' role inside the Evergrande group?

It functioned as the group's in-house securities brokerage and investment-banking arm, licensed in Hong Kong to sell wealth-management products, underwrite parent-company debt and equity issuances, and provide corporate finance advisory. The unit was structured to capture margin from distributing Evergrande-linked financial products rather than to build a competitive, client-facing brokerage franchise.

### Which Hong Kong SFC licenses did Evergrande Securities hold?

Public records list Type 1 (dealing in securities), Type 4 (advising on securities), and Type 6 (advising on corporate finance) licenses. These covered its core brokerage, advisory, and placing-agent functions.

### How did Evergrande Securities source deal flow?

Deal flow was almost entirely captive: it distributed Evergrande Group's high-yield offshore notes and equity placings, selling predominantly to mainland-Chinese HNWIs via cross-border wealth-management channels. Third-party underwriting mandates were occasional and never constituted a material, diversified pipeline.

### What happened to Evergrande Securities during the Evergrande default?

In September 2021 the Hong Kong Securities and Futures Commission restricted the firm from carrying out certain regulated activities after it failed to maintain required capital levels, effectively freezing its operations. The enforcement action tied directly to the parent's cascading liquidity crisis.

### Is Everest Securities still an active licensed entity in Hong Kong?

Post-restriction, the firm's operational status and licensing standing are uncertain. The SFC enforcement action functionally ended its activity as a going concern, and public visibility into any license surrender or restructuring is limited.

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- [Everett Harris & Company](https://altss.com/profile/everett-harris-company)
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Last updated: 2026-06-03T20:00:00.000Z

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