A property management publicly listed company that made a huge profit of 247 million by betting on silver, takes action to buy the dip in silver.

Why Do AI and Property Management Companies Favor Precious Metal Investments?

On March 23, international precious metals experienced a “Black Monday.” While some investors panicked and sold off their holdings due to a sharp decline in metal prices, Qi Fu Life Services (3686.HK), which previously made over a billion yuan from “silver trading,” made a large-scale buy-in.

That evening, Qi Fu Life Services announced its second silver investment, stating that the company spent approximately HKD 43.2 million (about RMB 38 million) to purchase around 80,300 ounces of allocated silver bars, paid with about RMB 27.3 million from the sale of unallocated gold and approximately RMB 10.7 million from internal resources. The investment is expected to be completed by March 25.

Compared to fixed-term deposits, which may be subject to currency devaluation, Qi Fu Life Services believes that investing in precious metals shows sustained appreciation over the long term and can offer better returns during economic downturns. In the current economic environment, it serves as a viable store of value and risk diversification tool, while also reducing exchange rate and interest rate risks associated with fixed deposits. This aligns with the company’s financial management goals to safeguard resources for future development.

On the same day (March 23), spot gold prices fell over 8% intraday, briefly dropping below $4,100 per ounce; spot silver also plunged more than 10%, approaching $60 per ounce. Both metals hit their lowest levels of the year, making bottom-fishing potentially more profitable.

According to Qi Fu Life Services’ announcement, their “silver trading journey” began in February 2020. The company continuously purchased unallocated silver bars through Standard Chartered Bank over several days, accumulating 800,000 ounces at a total cost of about RMB 102.5 million. In 2022, they sold 500,000 ounces in batches, realizing approximately RMB 79 million in profit for the first time at a high point. In 2024, they again spent RMB 77.9 million to buy 380,000 ounces, restoring their holdings to 680,000 ounces. In January 2026, seizing the opportunity when silver prices hit a recent high, they liquidated all 680,000 ounces of unallocated silver bars, cashing out about RMB 388 million, with total gains of approximately RMB 247 million.

Notably, public information shows that Qi Fu Life Services is a property management company listed on the Hong Kong stock exchange. The mid-2025 interim report indicates that the company’s revenue for the first half of 2025 was RMB 161 million, down 11.56% year-over-year; net profit attributable to shareholders was RMB 75 million, up 41.57%. The profits from the silver liquidation in January, which exceeded three times the company’s half-year net profit, sparked online jokes and doubts about whether the company’s main business is “property management” or “asset management.”

After liquidating its silver holdings, Qi Fu Life Services shifted funds into gold investments and made multiple purchases of allocated silver bars between February and March 2026, initiating a new round of precious metal investments.

(Disclaimer: The content of this article is for reference only and does not constitute investment advice. Investors operate at their own risk.)