Hong Kong Pegasus FC

TSW Pegasus was established in June 2008, and they had their first season in 2008–09 Hong Kong First Division League with a budget of about HKD$100,000,000. On 21 December 2008, Pegasus won their first trophy, defeating Sun Hei in the 2008 Senior Shield Final. In July 2012, the club was renamed as Sun Pegasus following introduction of a new sponsor. After the 2014–15 season, Sun International Resources Limited withdrew their sponsorship. Their club was renamed Hong Kong Pegasus following a takeover by Canny Leung. In October 2020, the club was renamed back to TSW Pegasus and returned to Yuen Long Stadium. After spending 13 years in top flight, Pegasus confirmed their withdrawal from the 2021–22 HKPL season and decided to self-relegate to the Hong Kong Third Division. In the 2023–24 season, the club was renamed to Ravia Orion FC. In the 2024–25 season, the club was renamed to Ling Yui Orion FC.

2008–2012: TSW Pegasus (天水圍飛馬) 2012–2015: Sun Pegasus (太陽飛馬) 2015–2020: Hong Kong Pegasus (香港飛馬) 2020–2021: TSW Pegasus (天水圍飛馬) 2021–2023: Hong Kong Pegasus (香港飛馬) 2023–2024: Ravia Orion FC (奧利安) 2024–present: Ling Yui Orion FC (凌銳奧利安)

Cup competitions

Hong Kong Senior Shield Champions (1): 2008–09 Hong Kong FA Cup Champions (2): 2009–10, 2015–16 Hong Kong Sapling Cup Champions (1): 2015–16