VBG International Holdings

What VBG International Holdings does

VBG International Holdings is a publicly listed financial services company on the Hong Kong Stock Exchange (ticker: hkg:8365), headquartered in Central, Hong Kong. Founded in 2016, the company has 101-250 employees and is described as offering financial services. The public web presence at vbg-group.com returns homepage content that is consistent with Hatcher Group, a Hong Kong-based corporate finance advisory firm offering IPO sponsorship and financial advisory, placing and underwriting, business consultation, ESG consultation, risk advisory, regulatory and compliance advisory, taxation services, cloud accounting and financial management, HR, and IT services, with operations referenced in Canada and China. The operating relationship between VBG International Holdings and Hatcher Group is not clarified in the supplied data, and the linkage could reflect shared control, affiliation, or a data aggregation ambiguity; the company's precise service footprint should be treated as unverified.

Financially, VBG International Holdings reported revenue of $78.2M in FY2025, a contraction of approximately 8.5% from $85.5M in FY2024 and a reversal from the 2022-2024 growth trajectory (revenue grew from $72.2M in 2022 to $77.9M in 2023 to $85.5M in 2024). The company has reported persistent net losses across the recent period, with net losses of $47.6M in FY2025, $77.1M in FY2024, $13.8M in FY2023, and $8.3M in FY2022. EBITDA was negative in FY2025 ($-39.8M), FY2024 ($-64.6M), and FY2023 ($-5.9M), with only FY2022 $(-8.3M operating, but $+9.4M EBITDA) showing positive operating-level returns. Operating income remained negative throughout the FY2023-FY2025 window. Enterprise value is stated at $168.4M across each reported year, suggesting a static valuation reference rather than a current mark. The combination of revenue contraction and continued losses signals structural profitability challenges that warrant close scrutiny for any prospective investment.

Name

VBG International Holdings

Website

https://vbg-group.com

Company type

Private

Founded year

2016

Headcount range

101–250 employees

Short description

VBG International Holdings (hkg:8365) is a Hong Kong-listed financial services company headquartered in Central, Hong Kong, with 101-250 employees serving corporate clients with financial services offerings.

Ownership category

akta.pro rank

Product category

Financial Services

NAICS

Finance and Insurance (52), Portfolio Management and Investment Advice (523940)

SIC

Finance Services (6199)

akta.pro primary industry

Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF)

Keywords

• Financial services
• Hong Kong corporation
• Public listed company
• Investment holdings
• International finance

Headquarters

HQ city

Central

HQ country

Hong Kong SAR China

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Core offering

VBG International Holdings is a publicly listed Hong Kong-based company that offers financial services. Founded in 2016, the firm employs 101-250 staff and is headquartered in Central, Hong Kong, with shares traded on the Hong Kong Stock Exchange under ticker hkg:8365.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Expansion highlights1 record

Emerging players

• Sorrento Capital (a BOCOM International entity): BOCOM International and affiliated entities provide HK corporate finance advisory and IPO sponsorship with a smaller, more focused footprint. Comparable as a HK-focused corporate finance peer at similar scale to VBG.

Direct peers

• Christfund Securities: Christfund Securities is a Hong Kong-listed firm offering securities brokerage and corporate finance advisory. Comparable HK small-cap financial services peer with similar business model and target client base.
• Get Nice Holdings: Get Nice Holdings is a Hong Kong-listed group providing securities brokerage, corporate finance advisory, IPO sponsorship, and asset management. Comparable as a multi-line HK financial services franchise competing for advisory and underwriting mandates.
• Quam Plus International Financial Group: Quam Plus is a Hong Kong-based financial group offering securities brokerage, corporate finance advisory, and wealth management. Comparable HK financial services peer with overlapping advisory and capital-markets capabilities.
• Somerley Capital Holdings: Somerley Capital Holdings is a Hong Kong-listed boutique corporate finance advisory firm providing IPO sponsorship, financial advisory, and independent valuation services. It is a near-direct comparable given the shared HK-listed boutique IB model and similar service mix.
• Optima Capital Holdings: Optima Capital is a Hong Kong-listed financial services group offering IPO sponsorship, placing and underwriting, and corporate finance advisory. Direct comparable in HK small-cap advisory space, targeting similar SME and listing applicants.
• Hantec Investment Holding: Hantec Investment is a Hong Kong-listed financial group offering securities trading, wealth management, and corporate finance advisory. Comparable HK small-cap financial services platform with overlapping advisory and IPO-related services.

Broad incumbents

• China International Capital Corporation (CICC): CICC is one of China's largest investment banks, listed on HKEX, providing full-service investment banking, equities, and asset management. Comparable as a HK corporate finance and IPO sponsor but at vastly larger scale with broader product portfolio.
• Deloitte China Corporate Finance: Deloitte's Corporate Finance practice in HK and China provides M&A advisory, IPO advisory, and valuation services. Comparable as a major advisory competitor in HK with overlap in corporate finance advisory mandates.
• China Renaissance Holdings: China Renaissance is a Hong Kong/China-focused boutique investment bank offering advisory, underwriting, and asset management. Comparable in HK corporate finance advisory but at meaningfully larger scale and broader service coverage.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VBG International Holdings