Sun Hung Kai Amends FinVolution Group Stake, Passive Investment

TL;DR

**Sun Hung Kai updated their FinVolution Group stake, still a passive investor.**

AI Summary

Sun Hung Kai & Co. Limited, a Hong Kong-based investment firm, filed an amended Schedule 13G/A on February 2, 2024, indicating a change in their beneficial ownership of FinVolution Group's Class A ordinary shares as of December 31, 2023. This filing, Amendment No. 2, updates their previous disclosures regarding their passive investment in the Chinese loan broker. This matters to investors as it provides transparency into significant institutional holdings and any shifts in their positions, which can influence market sentiment for FinVolution Group (formerly PPDAI Group Inc.).

Why It Matters

This filing shows that a major institutional investor, Sun Hung Kai & Co. Limited, continues to hold a passive stake in FinVolution Group, providing insight into significant ownership structures.

Risk Assessment

Risk Level: low — This is a routine amendment filing for a passive investment, indicating no immediate significant risk or change in company control.

Analyst Insight

Investors should note that Sun Hung Kai & Co. Limited remains a passive holder, suggesting no immediate activist intentions or major strategic shifts from this significant shareholder. This filing is a routine update and doesn't signal a need for immediate action, but rather confirms existing institutional interest.

Key Numbers

• 0001691445 — Central Index Key (CIK) (Unique identifier for FinVolution Group)
• 0000764715 — Central Index Key (CIK) (Unique identifier for Sun Hung Kai & Co. Limited)
• 31810T101 — CUSIP Number (Identifier for FinVolution Group's Class A ordinary shares)
• 20240202 — Filing Date (Date the SC 13G/A amendment was filed)
• 20231231 — Date of Event (Date as of which the ownership information is reported)

Key Players & Entities

• Sun Hung Kai & Co. Limited (company) — the entity filing the SC 13G/A, a Hong Kong-based investment firm
• FinVolution Group (company) — the subject company whose Class A ordinary shares are being reported
• SHIPSHAPE INVESTMENTS LTD (company) — a group member associated with the filing
• SUN HUNG KAI STRATEGIC CAPITAL LTD (company) — a group member associated with the filing
• $0.00001 (dollar_amount) — par value per share of FinVolution Group's Class A ordinary shares

Forward-Looking Statements

• Sun Hung Kai & Co. Limited will maintain a passive investment strategy in FinVolution Group. (Sun Hung Kai & Co. Limited) — high confidence, target: 2024-12-31
• FinVolution Group's stock price will not experience significant volatility directly due to this routine amendment. (FinVolution Group) — high confidence, target: 2024-03-31

FAQ

Key Financial Figures

• $0.00001 — me of Issuer) Class A ordinary shares, $0.00001 par value per share (Title of Class o

Filing Documents

• formsc13ga.htm (SC 13G/A) — 52KB
• exhibit99.htm (EX-99) — 4KB
• 0001062993-24-001801.txt ( ) — 59KB

(a) Name of Issuer

ITEM 1. (a) Name of Issuer: FinVolution Group (the "Issuer") (b) Address of Issuer's Principal Executive Offices: Building G1, No. 999 Dangui Road, Pudong New District, Shanghai 201203, People's Republic of China

(a) Name of Person Filing

ITEM 2. (a) Name of Person Filing: Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." This statement is filed on behalf of: Sun Hung Kai & Co. Limited Shipshape Investments Limited Sun Hung Kai Strategic Capital Limited (b) Address or Principal Business Office: The address of each of the Reporting Persons is 40/F Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong. (c) Citizenship of each Reporting Person is: Shipshape Investments Limited is organized under the laws of the British Virgin Islands. Each of the other Reporting Persons is organized under the laws of Hong Kong. (d) Title of Class of Securities: American Depositary Shares ("ADSs") of Class A ordinary shares of the Issuer, par value $0.00001 per share ("Shares"). (e) CUSIP Number: 31810T101 This CUSIP Number applies to the ADRs, which are quoted on the New York Stock Exchange under the symbol "FINV". Each ADS represents five (5) Shares. ITEM 3. Not applicable. CUSIP No. 31810T101 Schedule 13G Page 5 of 8

Ownership

ITEM 4. Ownership. (a-c) The ownership information presented below represents beneficial ownership of ADRs as of December 31, 2023, based upon 166,278,562 ADRs outstanding as of the same day. Reporting Person Amount beneficially owned Percent of class: Sole power to vote or to direct the vote: Shared power to vote or to direct the vote: Sole power to dispose or to direct the disposition of: Shared power to dispose or to direct the disposition of: Sun Hung Kai & Co. Limited 10,733,483 6.45% 0 10,733,483 0 10,733,483 Shipshape Investments Limited 10,733,483 6.45% 0 10,733,483 0 10,733,483 Sun Hung Kai Strategic Capital Limited 10,733,483 6.45% 0 10,733,483 0 10,733,483 Sun Hung Kai Strategic Capital Limited is the record holder of the securities reported herein. Sun Hung Kai & Co. Limited, a publicly traded company listed on the Stock Exchange of Hong Kong, is the sole shareholder of Shipshape Investments Limited, which is the sole shareholder of Sun Hung Kai Strategic Capital Limited. As a result of these relationships, each of the Reporting Persons may be deemed to share beneficial ownership of the securities reported herein.

Ownership of Five Percent or Less of a Class

ITEM 5. Ownership of Five Percent or Less of a Class. Not applicable.

Ownership of More than Five Percent on Behalf of Another Person

ITEM 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.

Identification and Classification of Members of the Group

ITEM 8. Identification and Classification of Members of the Group. Not applicable. CUSIP No. 31810T101 Schedule 13G Page 6 of 8

Notice of Dissolution of Group

ITEM 9. Notice of Dissolution of Group. Not applicable.

Certification

ITEM 10. Certification. Not applicable. CUSIP No. 31810T101 Schedule 13G Page 7 of 8 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date : February 2, 2024 Sun Hung Kai & Co. Limited /s/ Lee Sze Wai By: Lee Sze Wai Title: Company Secretary Shipshape Investments Limited /s/ Lee Sze Wai By: Lee Sze Wai Title: Company Secretary Sun Hung Kai Strategic Capital Limited /s/ Lee Sze Wai By: Lee Sze Wai Title: Company Secretary CUSIP No. 31810T101 Schedule 13G Page 8 of 8 LIST OF EXHIBITS Exhibit No. Description 99 Joint Filing Agreement .

View Full Filing

View this SC 13G/A filing on SEC EDGAR