薪火Keep the lights on.
San Fo helps Hong Kong save, invest in, and take over the shops, tea houses and family businesses that give the city its soul. Passing the torch.
Profitable, beloved — and starved of capital.
Hong Kong’s SMEs are the backbone of the economy, yet most can’t raise a dollar to grow. Banks won’t lend without collateral, and there is no legal way to raise equity from the public — so owners who can’t fund growth simply close.
small & medium businesses operate across Hong Kong — the noodle shops, tailors and tea houses on every street.
More than 98% of all businesses — nearly the entire economy you actually walk past.
of the workforce
Nearly half of Hong Kong’s private-sector jobs depend on these small businesses.
already aged 65+
Hong Kong is now a super-aged society — about 1 in 5, and many shop owners are reaching retirement with no successor.
by 2046 — 1 in 3
Within two decades a third of the city will be 65 or older. Without successors, the shutters stay down for good.
Behind every number is a shutter that may never open again.
Every week, another shutter comes down on Hong Kong for the last time.
An ageing owner. No successor. A lifetime of work, gone overnight.
What if a whole neighbourhood could simply keep it open?
Noodle shops, cha chaan tengs, tea houses, tailors and family bakeries — the kind of places San Fo exists to protect.
A HK$170 billion gap.
Hong Kong’s SMEs can’t get funded. We only need a sliver of the gap to build a category-defining venue.
SME credit gap
Unmet financing demand · Quinlan & Associates
SMEs in Hong Kong
≈98% of all businesses
volume at just 1%
Plus fees on every raise
Not a trading app. A preservation platform.
Support that pays its respects — and, where it makes sense, pays you back. Choose how deep you go.
Revenue-share
Fund a shop you love and receive a small share of its future revenue until an agreed target is reached. Support that pays its respects — and returns.
Continue the legacy
Join a takeover group, make a collective offer, and keep a founder’s life work alive. When the lights would go out, you turn them back on.
Investing in your city, in four taps.
Birthplace of Hong Kong silk-stocking milk tea.
lights on.
You backed Lan Fong Yuen with HK$2,000.
Two-way verified. Built to be fraud-proof.
Every investor passes KYC and every business passes KYB before a single dollar moves. Both ends of every deal are real, checked and accountable — so your support always reaches a genuine shop.
Identity verified
Every investor confirms who they are before a single dollar moves. No anonymous money.
Business verified
Every shop is checked end to end — real owner, valid licence, genuine books.
Always watching
Real-time monitoring flags anything unusual the moment it happens.
Funds protected
Money is held securely and released only as agreed milestones are met.
Turn a lifetime’s work into liquidity.
Beyond community support, a verified business can raise real capital. We set up a dedicated Special Purpose Vehicle holding up to half its ownership, tokenize it, and open it to professional investors — who buy and trade those tokens over the counter. Genuine liquidity for an asset that never had any.
A dedicated SPV
Every onboarded business gets its own Special Purpose Vehicle. The founder keeps control and places at most half its ownership inside.
Tokenized ownership
The SPV is tokenized into digital shares — each token a real, registered slice of that stake.
Over-the-counter liquidity
Verified professional investors buy these tokens and trade them between each other OTC — liquidity for an asset that never had any.
Built on Hong Kong’s own playbook.
HK's flagship agenda
Tokenized assets — HKMA Fintech 2030, DART, Project Ensemble.
Real, local pain
Aimed at capital-starved SMEs.
Founders keep control
At most 50% goes to the SPV.
Licensed & compliant
Professional-investor regime.
A venue, not a one-off tool.
One-time fees get an SME funded; recurring fees are the annuity.
Listing + KYB
Per business at onboarding.
Success fee
3–6% on each raise.
Distribution fee
A cut of every payout.
SPV admin
Ongoing, per SPV.
These are real shops. Real families. Real recipes.
Each one a thread the city is quietly losing.
This is what your support keeps alive.
Drifting past you are real Hong Kong businesses — noodle shops, tea houses, tailors, bakeries — colour draining as they slip away.
Be there when the
first shop lights up.
Join the San Fo waitlist. We’ll invite you the moment the first Hong Kong businesses open for support.